There are only two big ideas for policy with securitisation: Originators should have skin and investors should have data
Apex bank says digital platforms claim to offer hassle-free loans to individuals and small traders, but don't disclose who they are associated with
The liquidity scare faced by the non-bank financial companies (NBFC) have eased somewhat, but even there, well rated companies are the beneficiaries who have started issuing debt papers in larger numb
Sources said issue may be launched July-end or first week of August; eight merchant bankers have been shortlisted
Financial companies are also lining up equity issuances, and some dollar bond issuances are planned as well. In domestic markets, gold loan companies are also getting active in raising bonds
Small businesses remain under stress as India ends lockdown to contain coronavirus outbreak
Firm has seen huge drop in loan assets, with housing and other loans at the end of Q4 at Rs 66,202.68 cr from Rs 97,978.12 cr a year ago
As global investors rethink their India exposure, they should focus on the economy's long-term direction
Company's business has come back to 70% of pre-Covid level now
The central bank observed that despite the financial literacy drive it undertook, cases of frauds continue to rise
The country was put on the list of jurisdictions that require increased monitoring in February
The prosaic truth is that corporate governance just doesn't happen
Fitch has used the pandemic impact to comment on lower growth for India, which can be -5 per cent this year due to the lockdown and its effects
In a stress case, where collections are nil and there is no moratorium on liabilities, the proportion of companies with low liquidity could go up to 25%
Govt likely to issue clarification to add more borrowers under ECLGS
Before Covid-19, the sector was grappling with multiple headwinds of customer reluctance, inventory overhang and half-baked projects across the country
Lenders are looking at 'innovative' lending terms such as cash conversion cycle and revenue-linked repayment models to reduce their risks
The committee approved the issuance of 1,000 rated, listed, secured, redeemable non-convertible debentures
While bank credit to NBFCs has seen a rise of 30 per cent year on year, credit has mostly flown into larger NBFCs with good parentage and ones with better ALM positions.
While the RBI has done a number of liquidity enhancing measures, and the government has also come up with credit guarantee schemes, the issue in hand is clearly that of solvency