Panel on RBI's capital framework likely to be formed this weekRBI's board had decided to constitute a committee of experts to examine the ECF, the membership and terms of reference of which will be joi...
25 Nov, 2018, 01.01 PM IST
Manish Jaiswal joins as new CEO of Magma Housing FinanceJaiswal has a 25 year experience in the corporate world and a stint with rating agency CRISIL. He would also be holding the additional char...
03 Jul, 2017, 05.56 PM IST
Consultation with govt no encroachment on RBI autonomy: RBI Dy Gov ThoratIn the letter written in January, the employees termed the appointment as a "blatant encroachment" on the RBI's exclusive turf of currency ...
06 Mar, 2017, 10.40 PM IST
Hope to announce at least one set of bank licences before August-end: RBI Governor Raghuram RajanThe RBI has received 72 applications for small finance banks, which will help meet credit and remittances needs of small businesses.
05 Aug, 2015, 04.00 AM IST
Expect to grow disburses by 20% in FY14: Sanjay Chamria, Magma Fincorp"One of the benchmarks that we follow is the collection efficiency."
09 May, 2013, 04.04 PM IST
- Assocham for raising provisioning to 0.30 pc of asset for NBFC
Provisioning on standard assets for NBFCs should be raised to 0.30 per cent compared to 0.40 per cent recommended by draft guidelines based...
11 Jan, 2013, 10.59 PM IST
- RBI may allow partial SLR conversion to meet Basel-III norms
RBI today hinted at allowing part of the SLR holdings of banks to be treated as liquid assets under the Basel-III guidelines, which will co...
07 Jan, 2013, 09.53 PM IST
- NBFCs may need RBI nod for change in ownership control
Non Banking Financial Companies (NBFC) would need RBI's prior approval before making changes in their ownership control, a draft guideline ...
12 Dec, 2012, 09.22 PM IST
- Consolidation seen in NBFC space: Fitch
The changing regulatory landscape will have a significant impact on NBFC, and could lead to consolidation in the small and mid-sized segmen...
28 Feb, 2012, 03.08 AM IST
- Allow systemically important non-banking finance companies to float perpetual bonds: FICCI
Industry chamber Ficci today suggested that systematically important NBFCs should be allowed to raise funds through perpetual bonds.
16 Oct, 2011, 03.33 PM IST
- NBFC stocks plunge to their lowest valuations in five years
While REC, IDFC, Mannapuram & PFC should be accumulated on dips, investors should sell stocks such as Shriram Transport Finance and LIC Hou...
05 Oct, 2011, 01.21 AM IST
- RBI panel Usha Thorat Committee wants tighter rules for NBFCs
The Reserve Bank of India is on course to introduce new rules on provisioning, lending and capital for non-banking finance companies, or NB...
30 Aug, 2011, 03.33 AM IST
- NBFCs are not at par with banks in terms of risk to the system: Usha Thorat Committee
The Usha Thorat Committee has recommended far-reaching changes in the regulation of NBFC sector based on perception of increased risk.
30 Aug, 2011, 02.40 AM IST
- Retirements may hit policy-making
A number of senior government officials and regulators will retire in the next couple of months, which in turn, could affect policy formula...
28 Sep, 2010, 06.18 AM IST
- RBI favours viability gap funding scheme
Reserve Bank of India (RBI) is in favour of a viability gap funding scheme to push banks to spread their branch networks in, hitherto, unta...
26 Jun, 2009, 08.38 PM IST
- Banks should review loan policy towards MSMEs: RBI
The RBI has asked banks to review their loan policy towards micro, small and medium enterprises (MSMEs), badly hit by the economic slowdown.
04 Jun, 2009, 03.45 PM IST
- Poor presence of private banks in LBS: RBI committee
A high level committee of RBI has expressed dissatisfaction over the "poor" participation of private banks for promoting banking services a...
27 May, 2009, 02.21 PM IST