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NONBANKS
Diversification of government bond holding has helped govt lower borrowing costs: StudyThe study reveals that nonbanks are more responsive to changes in G-Sec yields than banks. Overall, a one per cent increase in G-Sec supply...19 Aug, 2023, 01.07 AM IST- Banks have ceded UPI space to nonbanking sector: RBI Dy GuvThe National Payments Corporation of India (NPCI) recently extended the deadline by two years for existing third-party apps to comply with ...04 Dec, 2022, 11.16 PM IST
- Why India is no fan of buy now, pay later planThe RBI doesn’t have a problem with 90-second credit. The regulator was even willing to let nonbank finance companies, or NBFCs, retain the...28 Jun, 2022, 07.05 AM IST
- Reserve Bank of India likely to propose stricter rules for shadow banks: SourcesThe Reserve Bank began trying to move towards tighter norms for the sector after Infrastructure Leasing & Financial Services, the largest N...16 Jan, 2021, 05.56 PM IST
- Online gold loan business is gaining traction and NBFCs want to make the most of itThe NBFCs don’t expect customers to go back to the physical gold loan format once the pandemic ends because there’s been a change in lifest...18 Nov, 2020, 05.50 PM IST
- Small borrowers may get principal payment relief as part of one-time restructuring of loans“The intention is to restructure loans for only those borrowers who really need restructuring, but in no way do we want to be in a situatio...01 Sep, 2020, 10.44 AM IST
- Non-AAA rated NBFCs queue up for half of the government’s Special Liquidity SchemeMany nonbank lenders including Piramal Capital, Indiabulls Consumer Finance, IIFL Home Finance and Tata Motors Finance, have applied for lo...22 Jul, 2020, 08.44 AM IST
- FM's Rs 75,000-cr package may lower cost of funds for NBFCs, microfin companiesThe FM’s proposal to have a special fund of ₹30,000 crore and partial credit guarantee scheme worth ₹45,000 crore could ease fears that som...14 May, 2020, 08.31 AM IST
- India Inc seeks liquidity boost for NBFCs, HFCsThe CII has also sought a separate classification for systematically important NBFCs with such companies being given easier funding through...22 Jan, 2020, 09.16 AM IST
- Economic revival unlikely soon: International Monetary FundFund’s chief economist Gita Gopinath stresses need for ‘important reforms’ in land acquisition and labour laws21 Dec, 2019, 06.58 AM IST
- e-KYC likely to be Aadhaar for non-banksGovernment is hesitant to allow these nonbanks direct access to the UIDAI database.19 Dec, 2019, 10.29 AM IST
- ‘Small-ticket’ model helps Bajaj Finance make it bigBajaj Finance is known in the nonbank lending industry for its customer-profiling algorithms.26 Nov, 2019, 08.56 AM IST
- RBI takes control of DHFL board over governance issuesDHFL has become the first nonbank lender to be sent to the NCLT under the Insolvency and Bankruptcy Code (IBC).21 Nov, 2019, 09.55 AM IST
- View: It’s downright dangerous to equate banks and NBFCsThis distinction is not just a matter of semantics, but a key pillar on which entire modern banking rests.04 Nov, 2019, 06.14 AM IST
- RBI merges key departments to tighten regulation and supervision of entitiesThe name of the unified department will be ‘department of regulation’, sources within the RBI told ET.20 Sep, 2019, 07.52 AM IST
- IIFL Finance likely to raise up to Rs 1,000 crore via bondsThe bonds may be offered in early August and are aimed at diversifying the NBFC’s borrowing portfolio.25 Jul, 2019, 08.32 PM IST
- TCS appoints Arun Batra as global head of BFSI BPO armTCS has appointed Arun Batra as global head of its BFSI business process services division, as part of a reorganisation following the exit ...01 May, 2015, 02.47 AM IST
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