India's NBFCs on a stronger wicket now, RBI economists sayBased on supervisory data, in quarter-ending December 2021, the consolidated balance sheet of NBFCs grew at a faster pace than the correspo...
Hold Mahindra & Mahindra Financial Services, target price Rs 205: Emkay Global Financial ServicesMMFS seeks to leverage the ‘Mahindra’ ecosystem by providing financing, investment and insurance solutions in rural and semi-urban markets....
Affordable housing finance companies loan book to grow 17-20% in FY23, says studyThe 30 days past due for some AHFCs declined from 9 per cent as on June 30, 2021 to 6.8 per cent as on December 31, 2021 while the reported...
Housing financiers' bad loans jump by 70 bps following new asset quality norms: ReportThe Reserve Bank of India (RBI) had on November 12, 2021, introduced tighter asset quality reporting norms for all lenders, which brought i...
HDFC Q3 Result Preview: Double digit rise in profit likelySharekhan is expecting the housing finance company to report an 8.6 per cent YoY rise in net profit at Rs 3,178 crore. NII is seen rising 1...
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...
RBI moves NCLT against SREI Equipment Finance and SREI InfraCentral bank inspection of the books of Srei Infrastructure Finance (SIFL) and its wholly owned unit Srei Equipment Finance (SEFL) revealed...
SREI group's financial health withered well before pandemic, says RBI orderThe regulator was quite annoyed with repeated violations of prudential norms, including income recognition, asset classification and provis...
RBI clears Yes Bank of divergence chargesThere is no disparity in the bank's reporting of bad loans, known as divergence in market parlance, the RBI has held.
Market Movers: Uptick in residential realty sales, Trump signals hope of a trade dealA look at top macro triggers that may move market on February 14, 2019.
FY16 bank financials may look different after the latest RBI circularThe central bank asked banks to make more disclosure regarding non-performing assets, provisions and net profit in “notes to accounts” in t...
Base rate calculation guidelines for banks by November-end: RBIReserve Bank today said it will issue guidelines by November-end for banks to calculate the base rate on the basis of marginal cost of fund...