Page 19 - Nbfcs

India offers golden opportunity; best destination for investment: Gadkari

The minister said that economic consultants have predicted budget deficit of Rs 10 trillion and the foreign direct investment is the need of the hour for pumping in liquidity into the market

IL&FS expects to address over Rs 50,000 cr of its debt by March 2021

The group has shared its estimates of debt to be addressed over the next three quarters

Access to funds still a challenge for small, mid-sized NBFCs: FIDC

To address the liquidity challenges faced by NBFCs, HFCs and MFIs, the government had announced a special liquidity scheme of Rs 30,000 crore

PSBs buy bonds, CPs worth Rs 14,667 cr by 67 NBFCs under credit scheme: FM

The purchase of bonds/commercial papers of Rs 6,125 crore, including Rs 5,550 crore of bonds/commercial papers (CP) rated below AA, is currently under various stages of approval/at negotiation stage

Many MSMEs are approaching banks for collateral-free loans: Survey

The rating agency said the survey was conducted over 2 weeks - between June 23 July 7 - and saw the participation of 345 respondents from a cross-section of sectors

Small NBFCs may face funding challenges again as banks get choosy: CARE

Outstanding bank lending to NBFCs declined marginally to Rs 8.04 trn in May 2020 from Rs 8.12 trn in April 2020, according to RBI data

Stressed NBFCs, HFCs seek Rs 10k-cr support under special liquidity scheme

The scheme was launched on July 1

NBFCs, HFCs offload risky realty loans to special situation funds

Experts say though the moratorium on loan repayment is available to developers till August, many are expected to struggle in repaying lenders subsequently

NBFCs, HFCs shed risky real estate loans to remain asset light

Though moratorium on loan repayment is available for developers till August this year, developers could struggle to repay money to lenders, say experts

Way to go

It is important that banks and NBFCs work together in the co-lending domain to ensure economic revival

Bajaj Finance, Manappuram: How to trade NBFC stocks in a volatile market?

Over the past few sessions, most NBFC stocks have gained ground. Here are the key levels to watch in select counters basis their technical chart pattern

DHFL defaults on NCD repayments of Rs 50 cr over moratorium restrictions

The payments to the lenders or NCD holders remain in abeyance and will be subject to the outcome of the CIRP process, the company said.

Extension of moratorium till Dec is the only viable option left: Bankers

Affected individuals and companies will again avail it, albeit a little less in number than the first version that ran between March to May

Banks disburse over Rs 52,255 crore to MSMEs under credit scheme

However, this is against the sanction of Rs 1.10 trillion under the 100 per cent ECLGS for micro, small and medium enterprises (MSMEs) till July 1.

SBI Cap to float special purpose vehicle for NBFC debt purchase, says RBI

The government, on May 21, had said it will support creating a SPV that will buy such papers from NBFCs

Deal making is sometime away: Equirus Capital Founder & MD Ajay Garg

'PEs' interest in NBFCs will depend on book value determination. Until that process gets over, you will be circling around,' he said

A perilous journey ahead for NBFCs: Cheaper funds, slipping credit profile

Recent measures by govt and RBI will help those issuing bonds. But the need is to cover term loans also, says chief of NBFC lobby group

NBFCs' bad loans may worsen to 5-7% this fiscal due to weak economy: Icra

The lockdown has significantly impacted the cash flow position of NBFCs' borrowers

Govt approves scheme to improve liquidity position of NBFCs, says RBI

Under the scheme, eligible non-bank lenders will be provided short-term liquidity through a special purpose vehicle set up by the SBICAP securities

NPAs in shadow banking sector may touch 5-7% by March 2021, says Icra

NBFCs likely to face heightened pressure with NPAs touching 7-9.5%; HFCs will be better off with NPAs expected to touch 3.4-4.8%