SFB NPAs to go up, loan growth to slow to 18-20 pc in FY25: IcraDomestic rating agency Icra forecasts an increase in delinquencies and a slowdown in asset growth for small finance banks (SFBs) in FY25, d...
NBFCs to face higher fund costs as banks look to pass on MCLR hikesLiquidity has generally been trending down with the central bank seeking to reduce excess liquidity from the system to manage inflation. Th...
NBFCs seen growing at 10-12 per cent this fiscal and nextWhile growth will be broad-based across various sub-sectors, microfinance and personal loans will be leading the growth chart. On the other...
‘Manushree will be fine very soon.’ Gautam Adani’s promise to toddler with heart disease wins the InternetThe four-year-old has been diagnosed with a hole in her heart.
Will rising interest rates affect asset quality of home loans? Here's what you need to knowEven with revised EMIs, the fixed obligation to income ratio (FOIR) is expected to increase by less than 10 percentage points and hence rem...
Repo hikes boost demand for NBFC, housing finance companies’ FDsSundaram Home Finance recorded a sixfold jump in the volume of FDs in June over May after the interest rate was hiked. The Chennai-based HF...
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...
Retail to push NBFCs loan book: ReportWhile individual loans are expected to do well, business loans still face asset quality concerns. “Within the NBFC-Retail segment, personal...
NBFC-retail's asset under management likely to grow 8-10 pc in FY2023: ReportThe agency's Vice-President (Financial Sector Ratings) Manushree Saggar said that within the NBFC-retail segment, personal credit, microfin...
Affordable Housing Finance Companies bear the brunt of Covid: ICRAThe growth in the loan book for such companies moderated to 10% year on year at the end of the March 2021 quarter due to the lockdowns foll...
Infrastructure finance by banks, NBFC-IFC remains sluggish in Q1 FY2022: StudyWith the government's focus on the infrastructure sector, the demand for infrastructure credit is likely to improve over the medium term, t...
Non-banks' NPAs may rise to 4.5-5 per cent by March 2022: IcraIcra Ratings said non-banks (NBFC and HFCs) will feel the stress of the second wave of COVID-19 and movement restrictions imposed by variou...
NBFC collections fall, NPAs to rise due to lockdowns: ICRANBFCs with exposure to sectors like microfinance, rural/semi-urban borrowers with small-ticket (SME, vehicle loans) and unsecured loans whi...
Affordable housing finance industry’s long-term growth outlook remains positive, says ICRAThe moderation was supported by the standstill on the bucket movement during March 2020-August 2020 and the adjustment of the EMIs received...
Infrastructure credit grew marginally to Rs 22.6 lakh crore in H1FY21, says new reportAccording to Icra's vice president and head (financial sector ratings) Manushree Saggar, the tepidness in infrastructure credit in first ha...
Steady provision build-up to cushion impact of stressed assets: ICRAThe share of infrastructure financing companies in infrastructure credit has increased to 53 per cent as of September 30, 2020 from about 3...
NBFCs, HFCs may face a crunch againThe major chunk of the banks’ wholesale loan books is under moratorium.