Gold loan NPAs may rise as NBFCs shift to monthly installments, ICRA projects market growthGold loan NPAs may increase as lenders shift to monthly installments. The overall gold loan market is projected to grow over thirty percent...
RBI bars banks, NBFCs from selling acquired stressed assets back to defaulting borrowers, related partiesNew Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply t...
Capital Boost: SBI stake sales add over Rs 13,500 cr to kittyState Bank of India anticipates a significant payout from asset management and stock exchange stake sales. These sales will strengthen the ...
MSME, microfinance, unsecured loans to be worst hit by new NPA norms for NBFCs: CrisilImpact of the new RBI norms on unsecured loans NPA is expected to be in the range of 1.5-3.0%, for MSME finance it is expected to be in the...
RBI asks banks not to standardise bad loans on just getting interest paymentsIssuing some clarifications to all the extant provisions and including the ones issued on October 1, 2021, on the prudential norms on incom...
Tighter norms for default disclosure by listed firmsThe disclosure on defaults must be made within 24 hours from the 30th day, the capital market regulator said.
New NPA norms balanced, offer banks, borrowers a big breatherMerrill Lynch said the new framework accords banks flexibility to restructure stressed loans bilaterally (with provisions) or refer them to...
Power Min, RBI meet on NPA norms postponed"It (the meeting) has been postponed. (The meeting will take place) some other day," Power Minister R K Singh told reporters on the sidelin...
Government approaches RBI to relax NPA norms for MSMEsThe MSME ministry has sought an extension of the NPA classification period from the current 90-day window up to 180 days.
Bankers' union demand roll back of IRAC normsNew norms to increase the burden of NPAs on banks and hurt businesses as well as bankers deny credit line to those who have not paid intere...
RBI not in favour of stretching NPA normsRBI Governor Raghuram Rajan said he was not in favour of stretching norms for non-performing assets or bad loans as investors will not get ...
NBFCs won't be overjoyed with RBI ruling: Phani Shekhar, Angel Broking'I do not think NBFCs will like it too much because they would have wanted NPA norms to be in line with banks.'
Proposed RBI draft guidelines positive for NBFCs: India RatingsNBFCs are likely to benefit from the proposed guidelines by the RBI which focus on enhanced corporate governance, said a report by India Ra...
- Fund houses support relaxed NPA norms
Majority of the Association of Mutual Funds in India (Amfi) members have supported the relaxation of norms related to NPAs of mutual funds ...
- Banks want RBI to ease realty NPA norms
In a bid to avoid classifying advances to troubled real estate companies as bad loans, banks have urged RBI to put in place a uniform norm ...
- Core sector may get easy NPA norms
The central bank is factoring in project delays due to litigation. Move would allow companies such as GMR, Larsen & Toubro and Reliance Inf...
- Norms for classification of NPA tightened
The Reserve Bank of India has tightened the prudential norms on classification of non-performing assets in line with the recommendations of...