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Between 2000 and 2016, British FDI created 371,000 jobs 10 per cent of all jobs created by FDI.

Financial services to add 47,800 new jobs in April-Sept FY20

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 IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

DHFL makes Rs 962 crore payment towards NCDs, to seek ratings upgrade

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 IST

The rules of the new insolvency regulations to bring individual businesses under its purview are likely to be in place soon. (Representational Image)

RBI circular a welcome step; provides more freedom to bankers: IBA

RBI has given more freedom to bankers to bring their own resolve, said Indian Banks' Association chief Sunil Mehta.

8 Jun 2019 2:59 PM IST

The move is aimed at not only freeing up capital for banks for further lending but also slash borrowing costs for well-rated NBFCs. (Photo: ANI)

RBI assures all help to troubled NBFCs; SBI monitoring exposure to...

RBI is committed to ensuring a robust and well-functioning NBFC sector, said Das.

7 Jun 2019 9:03 AM IST

Governor Shaktikanta Das

Market unimpressed in wake of NBFC crisis

Jittery markets are facing a crisis of confidence with respect to the precariously perched NBFC (including HFCs) &...

7 Jun 2019 6:48 AM IST

A loan seeker with a low score may always start off with an NBFC or an HFC as they have a more relaxed approach towards credit scores.

MFIs stay resilient to liquidity crisis

Those who have already reported, have recorded a growth of 37 per cent.

4 Jun 2019 2:18 AM IST

Reserve Bank of India (RBI)

RBI relaxes external commercial borrowing norms for corporates, NBFCs

ECBs with a minimum average maturity period of 10 years can now be used for working capital purposes and general...

31 July 2019 10:00 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Nomura: June GDP to print in at 5.7 pc on demand slump, NBFC mess

Economy lost the verve and slipped to five-year low of 5.8 per cent in the March quarter.

30 July 2019 2:48 PM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI tightens lending terms for auto dealer: source

SBI has also cut the credit period for dealers to 60 days from 90 days.

30 July 2019 8:49 AM IST

Economic Affairs Secretary Shaktikanta Das

Bank lending to non-bank firms set to gather pace: RBI governor

RBI was closely monitoring top 50 NBFCs, and had a good understanding of cash flows of these firms, said Shaktikanta...

26 July 2019 1:30 PM IST

The real estate sector has been limping from the past one year due to major reforms in the market brought by the centre.

NBFC, HFC lending to real estate players down 48 pc in FY'19 at Rs...

Net disbursals by NBFCs/HFCs to real estate developers declined by almost half from about Rs 52,000 crore in 2017-18.

25 July 2019 1:10 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

Auditors to DHFL raise red flags around quarterly results

The auditors said DHFL had failed to provide them with sufficient explanation or information about these matters.

23 July 2019 1:55 PM IST