NBFC

STFC, Muthoot Finance drop up to 17% on Fitch rating downgrade

The long-term issuer default ratings (IDRs) of STFC and MFL have been downgraded to BB from BB+.

NBFCs are better placed to weather storm, feels Crisil

Nearly 52 per cent of debt is in sectors expected to be in moderately resilience category, such as automobile manufacturers, power generato...

LGT Lightstone Aspada leads $7 million funding round in micro-lender SmartCoin

Bengaluru-based startup to use proceeds to grow its loan book to Rs 1,500 crore, and double its user base to 10 million in the next 12 mont...

Ignoring RBI’s relief, some lenders ask microfinance clients to pay loan instalments

These lenders -- both banks and non-banks -- with sizeable loan exposure to NBFC-MFIs have also deducted the installments ignoring the requ...

Bajaj Finance drops 12% as Bernstein downgrades stock

Bernstein earlier had ‘Outperform’ rating on Bajaj Finance with a target price of Rs 4,820.

Extend moratorium to NBFCs' bank borrowings: Raman Aggarwal

Certain measures announced by RBI need some finetuning, says Co-Chairman, FIDC.

Coronavirus lockdown: 3 ways households can lend a financial helping hand to the underprivileged

Without a community that respects the services of workers, and chips in to support by way of demand where possible, subsidy where needed, l...

Stressed NBFC sector relying more on banks for borrowings: Care Ratings

Facing difficulties in raising money from the capital market, non-banking financial companies are relying more on banks to meet their fundi...

View: Welcome half-steps RBI, not quite whatever it takes

The RBI seems to labour under the delusion that banks respond to an offer of funds with the same alacrity shown by the average Malayali mal...

COVID-19: Offline retailers urge FM, NBFCs to allow delays in EMI payments

The industry body represents 1.50 lakh mobile retailers who may be unable to pay their monthly instalments and interest towards credit card...

Sebi fines Muthoottu Mini Financiers for misleading advertisements

The company had placed advertisements on its website for public issue of NCDs.

After green shoots in Q3, NBFCs’ credit demand may halve this quarter

​NBFCs which have been struggling for the most part of last year were seeing some signs of a revival, after the fall in credit demand was m...

Very tough financing situation coming up for banks, NBFCs: Saurabh Mukherjea

Big opportunity awaits India on the other side of crisis, says Founder, Marcellus Investment.

BFSI, pharma best spaces to start buying now: Aishvarya Dadheech

Businesses that have a more domestic exposure, will benefit from lower crude prices and lower interest rates should be looked at, says the ...

RBI’s Das sees NBFC crisis abating as liquidity improves

Shaktikanta Das reiterated that RBI won’t allow any major bank or financier to collapse.

Stock market update: NBFC shares mixed; Indiabulls Ventures leaps 6%

Coral India Finance, Indiabulls Ventures and Dewan Housing Finance Corporation were the top gainers.

Corporate chatter: Corona hits b'day bash of NBFC boss, and Biyani wedding; Dushyant Dave's grand lunch at Lutyens home

The corona virus has put the best-laid-plans of India Inc to rest, and how.