Search For "non banking financial companies"
COVID-19: Delhi HC notice to Centre, RBI on plea for restructuring
Updated : 1 month ago IST
New Delhi [India], June 11 (ANI): Delhi High Court has issued notice to the Central government, Reserve Bank of India (RBI) and others on a plea seeking directions to allow a one-time restructuring of loans by all banks and non-banking financial companies (NBFCs) in the wake of coronaviru
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Cabinet approves Special Liquidity Scheme for NBFCs/HFCs to addres
Updated : 1 month, 3 weeks ago IST
New Delhi [India], May 20 (ANI): The Union Cabinet, which met here on Wednesday under the chairmanship of Prime Minister Narendra Modi, gave approval to the Finance Ministry to launch a new Special Liquidity Scheme for non-banking financial companies (NBFCs) and housing finance companies
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Clix Capital builds seamless customer service amid lockdown
Updated : 2 months, 2 weeks ago IST
New Delhi [India] April 28 (ANI/NewsVoir): One of India's leading digital non-banking financial companies (NBFC), Clix Capital, which recently raised $40 million has built a great customer service despite lockdown.
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Moody's takes rating actions on three Indian NBFCs
Updated : 3 months ago IST
Singapore, April 14 (ANI): Moody's Investors Service has taken rating actions on three Indian non-banking financial companies (NBFCs).
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Bank credit growth on a low swing this fiscal: Care Ratings
Updated : 4 months, 1 week ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): The overall bank credit growth has been low so far this year with the first 10 months registering an increase of 3.5 per cent compared with 7 per cent last year (January over March), according to Care Ratings.
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Marginal uptick in GDP for FY21 at 5.5 pc but downside risks remai
Updated : 5 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], Jan 22 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday it expects gross domestic product (GDP) to grow at 5.5 per cent year-on-year in the next financial year (FY 20-21) but added that downside risks persist.
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Slowdown to compress incremental credit growth in FY20: ICRA
Updated : 6 months, 2 weeks ago IST
New Delhi [India], Dec 30 (ANI): Muted economic growth, lower working capital requirements and risk aversion among lenders have compressed the incremental credit growth in current financial year (April 2019 to March 2020), according to investment information agency ICRA.
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IFC to anchor $200 million investment in Mahindra Finance to boost
Updated : 7 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], Dec 2 (ANI): International Finance Corporation (IFC), part of the World Bank Group, has anchored an investment round of 200 million dollars (about Rs 1,430 crore) in Mahindra & Mahindra Financial Services Ltd to create a dedicated pool of financing for micro, sm
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Banks to hold meetings in 400 districts to boost credit flow: Sith
Updated : 9 months, 4 weeks ago IST
New Delhi [India], Sept 19 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that public sector banks will hold meetings with representatives of Non-Banking Financial Companies (NBFCs) and prospective clients in 400 districts across the country to ensure that more liquidit
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ICRA sacks MD & CEO Naresh Takkar over allegations of misconduct
Updated : 10 months, 2 weeks ago IST
New Delhi [India], Aug 30 (ANI): ICRA Ltd has ousted its Managing Director and Group Chief Executive Officer Naresh Takkar, nearly three months after the Securities and Exchange Board of India (SEBI) received an anonymous complaint alleging misconduct at the credit rating agency under him.
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RBI welcomes move to bring NBFCs under its regulation: Das
Updated : 1 year ago IST
New Delhi [India], July 8 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday it will do its best after being given the additional responsibility of supervising and regulating non-banking financial companies (NBFCs) in a bid to boost investment and lending in the econo
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Strengthening regulatory authority of RBI over NBFCs
Updated : 1 year ago IST
New Delhi [India], July 5 (ANI): The government will strengthen regulatory authority of Reserve Bank of India (RBI) over non-banking financial companies (NBFCs), Finance Minister Nirmala Sitharaman said on Friday.
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