Page 24 - Nbfcs

Covid-19 impact: Banks ignore RBI's TLTRO in order to avoid NBFC exposure

The latest auction was part of the TLTRO 2.0, through which RBI had planned to infuse up to Rs 50,000 crore, to begin with.

NBFCs may fall by the wayside without a major forbearance package

Even after the Reserve Bank of India 'permitted' banks to offer a three-month moratorium to borrowers (of all hues), NBFCs continue to run from regulatory pillar to post to avail of it

NBFCs stare at 30-70% fall in FY21 earnings due to coronavirus pandemic

According to an Edelweiss report, Rs 1 trillion non-convertible dentures (NCDs) and Rs 1.2 trillion commercial papers (CPs) are due for maturity in May and June

Moratorium-linked uncertainty puts debt mutual funds in jeopardy

According to Sebi data, MFs had Rs 1.38 trillion debt exposure to NBFCs, of which Rs 51,014 crore was in less than 90-day debt papers, as of March 31, 2020

Big NBFCs need direct liquidity line from RBI: Bajaj Finserv's Sanjiv Bajaj

In an interview with Surajeet Das Gupta, Sanjiv Bajaj, chairman and managing director of Bajaj Finserv, charts out the challenges and way forward for the economy as well as NBFCs

RBI's liquidity support to NBFCs negligible: Emkay Global Research

The RBI has so far not provided any clarity on whether banks will grant moratorium to the shadow lenders on the loans they have availed

Brookfield's equity infusion crucial for Indostar Capital in Q1 FY21: CARE

Besides challenges faced by wholesale NBFC in particular, the credit costs (amount to be provided for stressed assets), are likely increase post outbreak of COVID 19

Best of BS Opinion: Global financial system, coronavirus outbreak, and more

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

Reopening of services to depend on permission from local authorities: NBFCs

Although the government has allowed NBFCs, HFCs to start operations, they have not allowed resumption of operations in hotspots and have also not permitted field activities

Debt market friction

A slow recovery will increase credit risk

Can rate cut force banks to lend?

Credit guarantee by the government for banks' fresh loans to certain segments might do the trick at a small fiscal cost

Watch out for April SIP numbers

Treat exit by retail investors as a contrarian signal for entering equities

Every developer's top priority will be liquidity generation: Sharad Mittal

'Repo rates are at a 16 year low and this can bring the much needed stimulus to the sector, both at the retail and wholesale levels, if banks pass on the benefit to borrowers'

SMEs to gain maximum from Rs 1-trn RBI liquidity boost to NBFCs, HFCs

The latest measure has come as two of its most innovative liquidity measures worth Rs 2 trillion since February 6 did not elicit the desired effect

RBI's steps for NBFCs may not boost credit flow to broader economy: Moody's

On Friday, the RBI said it will conduct the second tranche of targeted long-term repo operation (TLTRO 2.0) for an aggregate amount of Rs 50 billion, to begin with.

Covid-19: Gold loan providers to resume operations of 90% of their branches

These companies are prepared to lend more to customers as the price of gold mortgaged by them has gone up sharply, making them eligible for larger loans

Covid-19 crisis: Each bank to decide on granting moratorium to NBFCs

However, there was no clarity on whether the finance companies that borrow from banks would get the option to delay payments to their lender banks.

RBI gives NBFCs more time to restructure commercial real estate loans

Unless demand revives, industry experts say the move may not be very effective

RBI package: Restructuring of loans should be allowed, says Keki Mistry

Mistry tells Joydeep Ghosh that while the National Housing Bank has been allowed to refinance housing finance companies, relaxation of single-party exposure would be a big help

RBI promises liquidity support to NBFCs, MFIs dealing with cashflow issues

RBI has put the ball in banks' court on the moratorium issue