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...
Muthoot FinCorp to dilute minimum 10% stake in IPO: CEO Shaji VargheseMuthoot FinCorp is preparing for its Initial Public Offering. The company plans to offer at least 10 percent of its stake. Funds raised wil...
PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI normsPower Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...
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 ...
Companies look to shrink issue sizes to get IPOs pass throughAt least 10 companies are considering reducing their planned IPO sizes to ensure successful listings amid declining investor appetite. This...
Eco Survey blames over-dependence on funding from liquid funds for NBFC crisisThe economic survey recounts how the NBFC fiasco unfolded, the important role played by liquid funds in financing these shadow banks, how d...
NBFC crisis poses more bad loan risks for banks: Moody'sNBFCs have been facing liquidity crisis following the bankruptcy of IL&FS in September 2018.
NBFC crisis is far from over“NBFC crisis is having a contagious effect, and if not tackled, the situation looks scary.”
Altico Capital seeks more time from lenders to devise debt planThe NBFC also asked them to refrain from taking any action that will worsen the ongoing cash crunch citing gains in asset value.
Slowdown, NBFC crisis pose fresh NPA scare, warns Moody'sMoody's also said it expects growth to be "weaker" in the next 12-18 months.
How HDFC overcame the NBFC crisisWe held our ground by staying away from funding what we perceived were riskier assets, Deepak Parekh said.
Stocks of ratings agencies lag market as NBFC crisis deepensThe role of rating agencies has been widely blamed for the deepening NBFC crisis.
Crisis of confidence on D-St as RBI stays blasé to NBFC crisisNifty Bank logged the biggest one-day fall in more than six months.
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.
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.”
Govt exploring multiple options including sale of crisis-hit IL&FS: OfficialIL&FS, which arranged financing for infrastructure projects, has amassed huge debts and has defaulted on payment obligations for some.
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...