NBFCs to be under the impact of Covid-19 even in the next fiscal, says ICRAICRA expects NBFC's non performing assets (NPAs) to increase to 5.60% to 6.80% of loans at the end of the current fiscal from 4.50% reporte...
25 Feb, 2021, 05.47 PM IST
Do not write an obit for Indian Microfinance sector just yetMicrofinance industry has bounced back after every crisis. Similar resilience is expected from the sector post the COVID-19 crisis as well
15 Feb, 2021, 09.49 AM IST
NBFCs seek continued liquidity support in upcoming BudgetTo mitigate the impact of COVID-19 on NBFC sector, the government and Reserve Bank of India (RBI) have announced various schemes such as th...
20 Jan, 2021, 08.22 PM IST
Banks sanction Rs 2.05 lakh cr to 81 lakh MSMEs under credit guarantee schemeThe loans provided under ECLGS 2.0 will have a five-year tenor, with a 12-month moratorium on repayment of principal.
11 Dec, 2020, 04.07 PM IST
Government gives more time to PSBs, extends PCGS 2.0 by three monthsThe Centre also allowed banks to invest up to 50% of total investments under the scheme in AA and AA- rated bonds to provide more flexibili...
17 Aug, 2020, 08.44 PM IST
Government widens ambit of Rs 3 lakh crore MSME credit guarantee schemeThe maximum amount of guaranteed emergency credit line (GECL) funding under the scheme would also correspondingly increase from Rs 5 crore ...
01 Aug, 2020, 06.14 PM IST
We are very stable with a capital adequacy of 38%: Capri Global Capital'Most of the semi-urban tier three, tier four cities branches have come back to normalcy.'
13 Jul, 2020, 05.25 PM IST
NBFCs are back to raise funds, double bond sales“The dynamics of NBFC investment have changed,” said Rajeev Radhakrishnan.
23 Jun, 2020, 08.43 PM IST
How NBFCs benefit from a dedicated liquidity windowIn May, Finance Minister Nirmala Sitharaman announced PCGS 2.0 worth Rs 45,000 cr for last mile lenders.
22 Jun, 2020, 05.58 AM IST
Indian economy to contract in FY21, says Moody'sMoody’s latest update is in line with most global agencies in forecasting a negative outlook this fiscal.
22 May, 2020, 11.23 PM IST
3 months for PSBs to build PCGS 2.0 portfolioPublic sector banks have three months to build up their portfolios to be eligible for the extended Partial Credit Guarantee Scheme (PCGS 2....
22 May, 2020, 07.26 AM IST
Govt allows banks to buy securities of low-rated NBFCs under PCGS 2.0The Union Cabinet headed by Prime Minister Narendra Modi approved the scheme on Wednesday.
21 May, 2020, 06.56 PM IST
Cabinet clears food processing scheme, fisheries package and free food grains allocation for migrantsThe scheme for the micro food processing enterprises will be funded between centre and state in the 60:40 ratio.
21 May, 2020, 09.24 AM IST
Govt eases norms of partial credit guarantee scheme to help NBFCs, HFCsUnder the modified Partial Credit Guarantee Scheme, sovereign guarantee of up to 20 per cent of first loss will be provided to state-owned ...
20 May, 2020, 05.45 PM IST
Govt clears Rs 30,000 cr special liquidity scheme for stressed NBFCs, HFCsThis is a post facto approval from the Cabinet as the scheme was announced as part of the first tranche of the Rs 21 lakh crore comprehensi...
20 May, 2020, 05.01 PM IST
Finance Minister announces Rs 30k cr support for NBFCs, HFCs, MFIsThe 30,000 crore special liquidity scheme will provide cash-strapped NBFCs support amid coronavirus crisis.
13 May, 2020, 07.41 PM IST
- TRF can multiply your capital in long term: Rajen Shah, Angel Broking
Tata Robin Fraser was the formal name of this company and it is currently quoting at about 365-370 levels and this is looking very interest...
21 Jun, 2011, 01.26 PM IST