The primary focus of the revised scheme is to improve the flow of credit to the unserved and underserved sector of the economy
06 Nov 2020 1:42 PM
Kumar also advised borrowers to pay their loans if they are not facing any funding challenge
23 May 2020 9:19 AM
The time has come to repeal the central bank's antiquated 1934 legal architecture
15 Mar 2020 10:37 PM
SFBs have access to low-cost funds through deposits, giving them an edge over the traditional gold loan NBFCs.
21 Jan 2020 1:15 AM
The Q3 of FY29 was preceded by the IL&FS default in September and hence it was an exceptionally weak quarter.
13 Jan 2020 2:24 AM
Mutual funds in total invested Rs 3,485.52 crore in equities and Rs 40,023.10 crore in debt instruments in October, as per Sebi data.
19 Nov 2019 3:16 AM
Growth in credit cards and personal loans significantly outpaced growth witnessed in auto loans, home loans and loans against property.
31 Oct 2019 12:53 AM
A bigger boost, however, is expected from regulatory interventions, say analysts.
22 Oct 2019 1:31 AM
The RBI and the government have announced several measures to boost liquidity for NBFCs.
08 Oct 2019 1:30 AM
The move is expected to generate an additional lending and liquidity in the financial system to the tune of Rs 5 lakh crore.
24 Aug 2019 1:42 AM
NBFCs are struggling, despite the RBI enabling banks with access to liquidity to allow NBFCs to lend.
04 Aug 2019 6:03 AM
NBFC margins may be affected by higher share of fixed rate book and higher costs.
12 Jul 2019 1:52 AM
The Union Budget needs to address the housing sector's issues, as housing finance companies are facing challenging times.
26 Jun 2019 3:53 AM
The Union Budget scheduled to be presented on July 5 will have to support the affordable housing sector by cutting taxes.
07 Jun 2019 12:02 AM
Credit cost for the banking sector, which was 4.8 per cent in Q4FY18, has come down to 2.75 per cent to 3 per cent in Q4FY19.
15 May 2019 1:55 AM
For cars in particular, purchase decisions appear to be getting pushed out to beyond a two-year horizon.
15 May 2019 1:48 AM
For FY18 bank credit had grown by 10.5 per cent to Rs 86.25 lakh crore while the deposit growth was a mere 6.7 per cent to Rs 114.26 lakh crore.
12 Apr 2019 1:58 AM
NCDs proposed to be issued by Shriram City Union Finance have been rated AA by rating agencies Crisil and CARE.
05 Apr 2019 1:14 AM
The Sebi order, however, considers NSEL’s conduct so heinous that any association with it makes one not fit and proper.
28 Feb 2019 1:05 AM
Developers in the north have been jailed and home prices in the Mumbai dropped in 2018 for a second year.
26 Feb 2019 2:12 AM