Page 43 - Nbfcs

NBFCs dominate 2017 multi-bagger list

Share of NBFCs in total retail lending has touched all-time high of 36% as on March 2017

Attack on shell firms: MCA issues notices to errant NBFCs

A similar attempt was undertaken by the RBI a few years back

NBFCs' share of retail loans at a 10-year high

They account for 36% of all retail loans in FY17, up from 29% in FY11

NBFCs in school finance scout for funds

Delhi-based Indian School Finance Company and Bengaluru-based Varthana are planning to raise fund

NBFCs' NPAs to linger on for 1-2 quarters more on note ban: Moody's

However, NBFCs' exposure to risks from LAP is broadly offset by their share of stable mortgage loans

Smaller NBFCs may offer big returns

One of the reasons why the Street was sceptic about smaller non-banking finance companies (NBFCs) was whether their stocks were getting rerating ahead of fundamentals. The note ban period between November 2016 and January 2017 has addressed this concern effectively, and stocks such as Capital First, Repco Home Finance, Cholamandalam Investment and Shriram City Union are yet to catch up with their pre-demonetisation levels; Can Fin Homes is an exception and is up 16 per cent since November 8, 2016. The recent correction offers investors a good opportunity to accumulate these well-managed smaller NBFCs. Despite the note ban, loan demand remained buoyant for most of them. In the coming quarters, experts believe that the relatively lower base would give them the competitive edge to grow faster (25 - 30 per cent) while some of the seasoned players such as HDFC, LIC Housing, Shriram Transport and Bajaj Finance could just about maintain the current growth levels of 17 - 25 per cent. Niche ...

Conversion to small banks may hit NBFCs initially

Analysts feel NII of SFBs may gradually fall from current 47.8% to 27.5% in the next two years

Banks may be safer bets than NBFCs in 2017

A decline in cost of funds and treasury gains are expected to help net interest margins stabilise

NBFCs slump; Manappuram Finance, Bharat Financial down over 10%

Manappuram Finance, Can Fin Homes, Shriram City Union, Bharat Financial and Muthoot Finance were down over 10%.

Overdraft against salary is cheaper

Short-term loans from NBFCs can be more convenient but come at higher cost

Sound financials place NBFCs to make best of credit demand

The aggregated balance sheet of NBFC sector expanded by 15.5% in March 2016. On the asset quality level also, performance improved with GNPAs declining to 4.6%