All Stories for Nbfcs
About 20% SBI borrowers avail loan repayment moratorium; banks can go for debt recast: Chairman Rajnish Kumar
• 5 years agoThe SBI chairman advised borrowers to pay their loans if they are not facing any funding challenge.
Economic package: Successful implementation of support measures for NBFI will be key, says Fitch Ratings
• 5 years agoFitch Ratings on Wednesday said support measures announced by the government for non-banking finance companies seek to ease borrower strain and boost funding conditions for NBFIs, but successful implementation will be the key
Coronavirus Outbreak: Stimulus package for financial sector to ease asset risks, but won't fully offset pandemic blow, says Moody's
• 5 years agoMoody's Investors Service on Tuesday said the measures announced by the government for financial institutions as part of Rs 20 lakh crore-economic package will help ease their asset risk, but will not fully offset the negative impact from the COVID-19 outbreak
SIAM says auto sector left out in economic package; to seek govt's direct intervention for revival of industry
• 5 years agoSIAM said it had several engagements with the government at various levels and was looking forward to some direct fiscal measures for the auto industry from the Centre in the Rs 20 lakh crore stimulus package.
Coronavirus impact: NBFCs urge RBI to allow draw-down from reserves for provisioning
• 5 years agoNon-banking financial companies (NBFCs) on Friday requested the Reserve Bank of India (RBI) to allow them to draw-down from their reserves for making additional provision for expected losses due to COVID-19 pandemic
Narendra Modi says announcements made by Nirmala Sitharaman will address problems of MSMEs, empower entrepreneurs
• 5 years ago"The steps announced will boost liquidity, empower the entrepreneurs and strengthen their competitive spirit," Modi said.
Nirmala Sitharaman's first COVID-19 stimulus sheds moral baggage for morale booster, but fiscal puzzles remain
Narayanan Madhavan • 5 years agoThere is plenty to celebrate for MSMEs and other entities covered under Nirmala Sitharaman's first package of details to flesh out Prime Minister Narendra Modi's Rs 20-lakh-crore stimulus
Markets recover: Benchmark indices close day's session with minor losses; Vedanta, ITC, NTPC among top gainers
Fp Staff • 5 years agoAt close, the benchmark indices recovered sharply: Sensex was down 190.10 points or 0.60 percent at 31371.12, and the Nifty was down 42.65 points or 0.46 percent at 9196.55.
Coronavirus Outbreak: NBFCs ask RBI for one-time restructuring of all loans till March 2021
• 5 years agoNon-banking financial companies (NBFCs) have asked the Reserve Bank of India to allow them one-time restructuring of all loans till March 2021, as their borrowers are facing funding issues amid the coronavirus pandemic and the subsequent lockdown
Coronavirus Outbreak: RBI governor Shaktikanta Das meets NBFCs, MFs sector; reviews liquidity situation
• 5 years agoOperations of NBFCs have commenced from Monday as the government eased restrictions for the lockdown.