The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.
05 Jul 2019 3:06 PM
Public sector banks will use technology for enabling the customer of one PSB to access service across all PSBs as well.
05 Jul 2019 1:12 PM
Government-owned and private banks besides non-banking financial companies have been saddled with huge NPAs.
05 Jul 2019 12:59 PM
Patel said an asset quality review for the NBFCs is ‘inevitable’ given their interconnectedness in financial system.
04 Jul 2019 1:37 PM
SIAM said the role of NBFCs is important in vehicle sales as they cater to customers mainly in semi-urban and rural areas.
03 Jul 2019 3:11 PM
As on June 23, 2019, 9,643 NBFCs were registered with RBI.
01 Jul 2019 5:06 PM
The central bank issued the warning in its latest Financial Stability Report, released on Thursday night.
28 Jun 2019 3:43 PM
RBI sets the average base rate for NBFC-MFIs on the basis of average of base rate of the five largest commercial banks.
28 Jun 2019 3:20 PM
The systemic impact of HFCs' failures has significantly lessened as the state-run banks got better capitalised.
28 Jun 2019 9:36 AM
The RBI also plans to introduce a dedicated Interactive Voice Response (IVR) system for tracking the status of complaints.
24 Jun 2019 8:37 PM
But directed that the company should maintain a minimum 50 lakh shares of ICFL to protect the interest of the revenue department.
22 Jun 2019 6:30 AM
Nath, a financial services veteran, launched U GRO last year after acquiring listed entity Chokhani Securities.
17 Jun 2019 1:03 AM
Despite the setbacks seen in NBFCs, the financial services sector has shown a positive outlook in terms of hiring.
13 Jun 2019 8:47 AM
The company has made interest payments in lieu of Rs 961.95 crores as committed to its debenture holders.
12 Jun 2019 8:58 AM
RBI has given more freedom to bankers to bring their own resolve, said Indian Banks' Association chief Sunil Mehta.
08 Jun 2019 2:59 PM
RBI is committed to ensuring a robust and well-functioning NBFC sector, said Das.
07 Jun 2019 9:03 AM
Jittery markets are facing a crisis of confidence with respect to the precariously perched NBFC (including HFCs) & fixed-income mutual fund sectors.
07 Jun 2019 6:48 AM
Those who have already reported, have recorded a growth of 37 per cent.
04 Jun 2019 2:18 AM
NBFCs will have to maintain minimum high quality liquid assets of 100 per cent of total net cash outflows over the following 30 days.
25 May 2019 1:41 AM
A decision to this effect was taken at a meeting of the Central Board here under the Chairmanship of RBI Governor Shaktikanta Das.
21 May 2019 7:33 PM