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Tag: NBFC

Economy

Economic Survey suggests ‘dynamic health index’ for NBFCs to ensure crisis alert

February 1, 2020February 1, 2020 - by Abdul

News:The Economic Survey has suggested the use of a ‘health score’ index for non-banking finance companies(NBFCs). Facts: About Health Score Index: The proposed Health Score Index will aim to provide …

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Economy

Asset Liability management(ALM) Framework for NBFC’s

November 7, 2019November 7, 2019 - by Abdul

News:The Reserve Bank of India(RBI) has introduced ‘liquidity management framework’ for Non-Banking Financial Companies (NBFCs). Facts: Why this framework? This framework is introduced due to liquidity crunch faced by some …

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Economy

Govt exempts NBFCs, listed firms from debenture reserve requirements

August 20, 2019August 20, 2019 - by Abdul

Government has removed Debenture Redemption Reserve(DRR) requirement for listed companies,Non banking financial companies (NBFCs) and Housing finance companies(HFCs). At present,these companies have to set up a DRR to the tune …

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Economy

Government issues guidelines for ₹1 trillion partial credit guarantee for NBFCs

August 15, 2019August 16, 2019 - by Abdul

Government has operationalised a partial guarantee scheme announced in the budget for non-banking and housing finance companies(NBFCs and HFCs). The scheme provides for a one-time partial credit guarantee to Public …

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Economy

Banks’ exposure limits, lending norms eased for stressed NBFCs

August 8, 2019August 8, 2019 - by Abdul

The Reserve Bank of India (RBI) has announced several measures to enhance credit flow to the cash-starved non-banking financial companies (NBFC) sector. The RBI has raised any bank’s exposure limit …

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Economy

‘Slowdown evident, may be temporary’

August 3, 2019August 3, 2019 - by Abdul

HDFC Chairman has said that the economic slowdown in India which has been due to weakness in consumption demand is temporary in nature and will pick up at the onset …

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Economy

NBFCs with big realty loans must rebalance books: RBI

July 27, 2019July 27, 2019 - by Abdul

The Reserve Bank of India(RBI) has asked non-banking finance companies(NBFCs) to bring down their lending to the real estate sector. In the finance sector,the National Housing Bank has also been …

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Economy

Rise in government borrowings might have triggered NBFC crisis

July 24, 2019July 24, 2019 - by Abdul

RBI Deputy Governor has expressed the possibility that the rise in government borrowings might have led to the asset-liability mismatch in the non-banking financial companies(NBFC) sector. In the case of …

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Economy

RBI Governor, state-run bank CEOs discuss slow rate transmission

July 20, 2019 - by Abdul

The Reserve Bank of India Governor has discussed the issues of banking sector with the officials of Public sector banks(PSBs) and Indian Banks Association(IBA). During the meeting,the issue of less …

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Economy

Budget Briefs: RBI can supersede NBFC board

July 6, 2019July 6, 2019 - by Abdul

The government has decided to strengthen regulatory authority of Reserve Bank of India (RBI) over non-banking financial companies (NBFCs). Finance Minister has said that the RBI will now be the …

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