Searched for
NBFC CREDIT CRISIS
Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
Oil spike, global debt, market stress: RBI flags mounting external shocks but lays out 5 areas where India remains resilientThe Reserve Bank of India warns of global economic dangers from oil prices, debt, and market stress. However, India shows strength in growt...
Midcaps outperform Nifty, smallcap stocks in Q4, deliver 29% earnings growth: Motilal OswalMidcap companies emerged as the strongest performers in the March quarter earnings season, with profit growth outpacing both largecaps and ...
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh NarayananCreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...
Credit guarantee scheme unlikely to benefit lower rated MFIsA new credit guarantee scheme aims to boost lending to microfinance firms. However, banks remain cautious. They will prioritize financially...
Bank credit to industry slips 3.9% in 8 monthsBank credit to industry shrunk by 3.9%, or Rs 1.13 lakh crore, during the first eight months of the current financial year, according to da...
Banks continue to remain wary of lending to NBFCsBanks undertake purchase of retail pools under the securitization mode to meet their priority sector and retail lending requirements. As pe...
Govt set to clear another major relief package for NBFCs, HFCsThe partial credit guarantee for NBFCs may now be extended to BBB+ assets.
DHFL promoters gave personal guarantees to Rs 80,000-crore loansA DHFL spokesperson declined comment on the guarantees given by the promoters.
Best time to invest in credit risk funds, says Nimesh ShahWhen everybody is cautious could be the best time to invest in credit risk funds, says Shah.
Indian banks set to take a hit of Rs 36,000 crore from DHFL writeoffThe company’s shares are already down more than 90 per cent so far this year.
The market’s favorite megabank is surrounded by a lending crisisInvestors pile into HDFC Bank’s stock, convinced it will emerge winner from India’s financial woes.
Rs 35,000 crore NBFC bond repayment, due this month, tests sector’s resilienceMultiple NBFCs will have to repay a total of Rs 34,868.77 crore this month, Prime Database statistics showed.
'NBFC/HFC lending to real estate players down 48 per cent in FY'19 at Rs 27,000 cr'NBFC and HFC funding was normal during April-September 2018, but due to the crisis, the lending slowed down substantially during the second...
Slowing growth, NBFC worries eat into India’s premium to EM equitiesThe premium fell to 46.8 per cent on June 27 from the peak of 59.2 per cent at the end of May.
RBI tells bigger NBFCs to appoint chief risk officerThe CRO "is required to function independently to ensure highest standards of risk management", a release said.
Imminent crisis in NBFC sector: Corporate Affairs SecretaryMisadventures by large entities and credit squeeze make for a perfect recipe for disaster, Srinivas said.
Are days of high credit fund returns over?In the past one year, credit funds have yielded 5.22% compared with 8.50-9.50% in normal circumstances, showed data from Value Research, an...
No fear of NBFC crisis impacting growth as of now: Nirmal Jain, IIFL“No NBFC has defaulted and no NBFC has been downgraded but a panic was created.”
NBFC crisis may delay real estate's much-anticipated recovery"As on March 2018, NBFC's exposure towards real estate is 7.5 per cent accounting for Rs 1.65 lakh crore," real estate consultant Anarock C...