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NBFC LOCKDOWN IMPACT
India's productivity gap with China widens despite strong GDP growth; manufacturing leap still missing: ReportIndia's labour productivity gap with China has widened significantly since 2000, despite strong economic growth. The country has yet to ach...
MFIs' assets under management likely to grow at 18-22% in FY2023: Report"The same is likely to be continued going forward, supported by healthy demand in the industry, increasing level of economic activity and i...
Impact of 3rd wave low on NBFCs as bad loans fall, collections riseThe third Covid wave hasn't significantly hurt collection efficiency and raised delinquency levels of non-bank financing companies, rating ...
NBFC-MFIs gross loan portfolio may grow 10-15 pc in FY22: Report"The GLP for NBFC-MFIs in FY22, is expected to return to the growth path and register around 10-15 per cent growth due to a pick-up in disb...
Mini-lockdown may affect microfinance institutions' collections: CrisilCrisil said collection efficiency in Maharashtra was relatively lower at around 85-90 per cent even before the latest curbs because of the ...
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...
NBFC-MFIs' loan disbursement drops 96 pc to Rs 570 cr in June quarterThe data pertains to NBFC-MFI members of MFIN, a self-regulatory organisation and industry association of the microfinance sector in the co...
NBFC delinquencies may rise up to 250 bps in FY21: CrisilThe report stated that, in home loans, the largest NBFC segment, asset quality is expected to be relatively better than in the other segmen...
NBFC-MFIs to begin fresh lending only after expiry of moratoriumThe total estimated collective disbursements by NBFC-MFIs up to September could merely be Rs 2,884 crore, Microfinance Institutions Network...
Microfinance sector surges about 30% in fiscal FY20India's microfinance sector had surged about 30 percent in the fiscal FY20 with loan outstanding reaching to Rs 2.32 lakh crore before Covi...
JM Financial reports 6.12% growth in Q4 revenueThe company reported a 7.64 per cent drop in March quarter profit after tax and before controlling interest.
RBI Guv meets NBFCs, MFIs and mutual funds to discuss liquidity, lockdown issuesIn the meeting with NBFCs and MFIs, the discussion revolved around availability of liquidity from banks and other financial institutions.
Faircent.com to facilitate loans in COVID-19 low impact Green ZonesThe company has launched a new targeted approach to make credit easily available to Indians in the COVID-19 Green Zone.
Dalal Street moving in lockstep with global peers, will face bumps aheadAlthough markets are rising, volumes along with open interest are at yearly lows.
Hold Shriram City Union Finance, target price Rs 728: Emkay GlobalContinued weakness in rural/semi-urban markets post Covid-19 will impact overall growth prospects of the company.
Covid Impact: Maharashtra stamp duty collections plummet 40%“This is largely because property registration offices were shut during the COVID19 lockdown,” said Sandeep Reddy, co-founder, Propstack - ...
Financial and auto stocks come under bear gazeHere are five stocks which have seen highest addition in open interest in the April series.
Buy CreditAccess Grameen, target price Rs 750: ICICI SecuritiesThe stock is currently trading at 1.6 times /1.3 times FY21/22e BVPS, respectively, and current valuation largely factors in the worst-case...
Extend moratorium to NBFCs' bank borrowings: Raman AggarwalCertain measures announced by RBI need some finetuning, says Co-Chairman, FIDC.
After green shoots in Q3, NBFCs’ credit demand may halve this quarterNBFCs which have been struggling for the most part of last year were seeing some signs of a revival, after the fall in credit demand was mu...