Page 12 - Nbfcs

After RBI's paper on new regulatory framework, what next for NBFCs?

Over the last five years, their balance sheet more than doubled to Rs 49.22 trillion

Budget Byte: NBFCs may need liquidity support from PSBs for commercial flow

This year, while housing finance has improved, preliminary data shows that NBFC flow to the commercial sector is lagging

Raise revenues from improved tech-driven enforcement: KPMG to govt

To help resolve tax disputes, a majority of respondents feel that a mediation scheme should be introduced in the Budget to help in negotiating settlements.

Agri-NBFCs seek parity with banks, want inclusion in govt subsidy schemes

The government may consider including agri-NBFCs in all state supported subsidy schemes and programmes

RBI proposals to restrict land financing by NBFCs: India Ratings Report

The Reserve Bank's proposals on restricting specific real estate funding by NBFCs will affect land financing by them, the report said

NBFC stocks in focus; Chola Investment, Shriram Transport rally up to 8%

In a discussion paper released on its website, the RBI has suggested a four-tier pyramid structure for the sector.

Best of BS Opinion: Correct course on tariffs, regulating NBFCs, and more

Here's a selection of Business Standard opinion pieces for the day

Strengthening regulation

Growth of NBFCs needs better supervision by RBI

RBI discussion paper proposes four-tier structure for NBFC regulations

Paper has also sought to raise net-owned funds required for new NBFCs from Rs 2 cr to Rs 20 cr. Timeline of five years for existing NBFCs to adhere to new norms

Top headlines: RBI paper proposes four-tier structure for NBFCs

CBI books Cambridge Analytica, Global Science over illegal data harvesting, Bharat Biotech becomes first Indian Covid vaccine maker to get peer-reviewed data

RBI paper proposes new regulatory framework for NBFCs, 4-tier structure

The paper proposed a structure to categorise NBFCs, or shadow banks, depending on their size and interconnectedness with the system

NBFCs seek continued liquidity support in upcoming Union Budget

Non-banking finance companies expect the government to provide continued liquidity support by encouraging banks to lend more to the sector

NBFC shares in focus; Bajaj twins, Cholamandalam Investment surge up to 9%

L&T Finance, Indiabulls Housing Finance, IIFL Finance, REC, Shriram Transport Finance, Power Finance Corporation, LIC Housing and HDFC were up between 3 per cent and 9 per cent on the BSE

Tata Motors ties up with banks, NBFCs for commercial customers

Tata Motors plans to offer its commercial vehicle customers an array of financial offerings

Fullerton India CEO Nambiar quits, firm reshuffles senior management

NBFC also announced senior leadership changes

We hope investors will continue to support us: Hemant Kanoria of Srei Infra

In a Q&A, the company's chairman says the firm had to freeze interest payment and redemption of NCDs due to the pandemic and related regulatory approach

NBFCs urge RBI to relax compliance rules as they convert into banks

Seek leeway on reserve ratio, priority sector and sectoral exposure

DHFL a test case whose successful resolution is critical for banking sector

Reports suggest a potential recovery of 35 per cent from the bid process compared to an average recovery of seven per cent

Asset quality of NBFCs may deteriorate further: Financial stability report

While credit extended by them has fallen substantially, the sector has seen an increase in bad loans ratio, too

Successful resolution of Dewan Housing Finance Corp critical for banking

Reports suggest a minimum upside of 35 per cent from the bid process of the lender