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Delinquencies in micro loans surge three-fold

Delinquencies in micro loans surge three-fold

Portfolio at Risk between 31 days and 180 days went up by more than three times for all the players

25 Feb 2025 11:09 PM IST

BJP President Amit Shah. (Photo: Twitter | ANI)

Amit Shah's son to sue website over turnover article'

CPI(M)'s Sitaram Yechury claimed that it is the latest in a series of cases of corruption under the Modi government.

9 Oct 2017 2:17 AM IST

Similarly, NBFCs have also upped their market share to 32 per cent from 27 per cent during the same period.

NBFCs to continue to dominate MSME credit market: report

Overall the formal credit to the MSME sector is seen clipping at 11 per cent each over the next two years.

22 Nov 2017 8:17 PM IST

Reserve Bank Governor Urjit Patel

FSDC discusses NBFC liquidity issues; RBI assures adequate fund flow...

RBI governor informed the government that there is no liquidity crunch in the system.

30 Oct 2018 4:12 PM IST

On October 1, the government superseded the board of IL&FS and appointed a new board, with banker Uday Kotak as its executive chairman.

IL&FS crisis: Normalcy to return to system in couple of weeks, says...

The company as of March 2018 owed over Rs 91,000 crore to banks and other creditors.

30 Oct 2018 11:45 AM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

Parliamentary panel to summon RBI governor Patel on IL&FS controversy

The RBI governor had blamed the bank management for lapses.

24 Oct 2018 11:03 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI allows banks to lend more to some non-banking finance firms

The limit has been raised from 10 per cent and is effective up to December 31.

19 Oct 2018 11:26 AM IST

Kreditech has been licensed by the RBI to operate as an NBFC with the first-of-its-kind licence in Indian financial history for digital lending business and app-based financing, the Germany-based company said in a release on Monday.

Kreditech gets first-of-its-kind licence for digital lending business

The consumer lending industry in India is witnessing major disruption through technological innovation.

15 Oct 2018 4:03 PM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPIs pull out Rs 26,600 crore in two weeks

Overseas investors had put in a net amount of Rs 7,400 crore in the capital markets in July-August.

15 Oct 2018 8:22 AM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)

SBI to buy assets worth Rs 45,000 cr from NBFCs to resolve liquidity...

The country's largest lender said that it has stepped up target purchase of good quality portfolio of assets from NBFCs.

9 Oct 2018 7:07 PM IST

Shares of Federal Bank on Tuesday surged over 19 per cent after the company registered a 25 per cent increase in its net profit for first quarter of the current fiscal.

Federal Bank gets RBI nod to sell 45 pc stake in NBFC arm to True...

The lender said that Reserve Bank earlier last week gave approval for the proposed transactions.

8 Oct 2018 4:36 PM IST

Senior BJP leader Arun Jaitley outside the finance ministry at North Block in New Delhi on Thursday. (Photo: PTI)

Govt determined to contain IL&FS crisis to avoid any adverse impact:...

The government earlier this week superseded the board of IL&FS.

4 Oct 2018 7:10 PM IST