Non Banking Finance Companies

RBI's move to align risk weights of banks' exposure to NBFCs to carve Rs.1.4 lakh crore headroom for bank credit: Crisil

Bank debt to the NBFC sector has logged a compound annual growth rate of 20 percent in the past decade and reached a high of 55 percent as of December 2018.

RBI will continue to inject liquidity into banking system through OMO purchases till March-end: Viral Acharya

The RBI had announced that it would conduct purchases of government securities under OMO for an amount of Rs 40,000 crore in December to meet liquidity needs

No need for RBI to help crisis-hit NBFCs as lender of last resort, says central bank deputy governor Viral Acharya

RBI is guided by the principle of addressing system-wide liquidity requirements, Viral Acharya said, enlisting the measures undertaken since problems started with the non-banking finance companies (NBFCs).

NBFCs' asset growth to halve to 10% in H2 on liquidity woes; disbursements decline by 20-40%: Crisil report

The NBFCs, including housing finance companies, had notched up a 20 percent growth in their assets under management for the first half of the fiscal ending September.

Banks may stay away from NBFC, HFC bonds under special window: India Ratings

It expects that PCE-backed bond issuances by NBFCs and HFCs, which are subordinated instruments for banks, will take time to take off.

Urjit Patel met Narendra Modi, senior officials in PMO on 9 Nov amid face-off between RBI and finance ministry

Tensions between the RBI and the Centre escalated recently, with the finance ministry initiating discussion under Section 7 of the RBI Act which empowers the government to issue directions to the RBI Governor.

Finance ministry, regulators discuss liquidity crunch in non-banking finance companies

The crisis at Infrastructure Leasing and Financial Service Ltd (IL&FS) that has 348 subsidiaries and Rs 91,000 crore ($12.37 billion) outstanding debt had forced the government to takeover the board and appoint a new one which is expected to present its resolution plan to a company law tribunal on Wednesday.

RBI announces more steps to increase liquidity flows to non-banking financial companies

The RBI permitted banks to use government securities equal to their incremental outstanding credit to NBFCs, over and above their outstanding credit to them as on 19 October, to be used to meet liquidity coverage ratio requirements.

India's shadow banking scare could derail its robust growth story; raising money to become difficult for NBFCs

The NBFCs loan books grew 21.2 percent in the fiscal year ended March 2018. In comparison, bank loans grew 10.3 percent over the same period.

NBFCs take note: Investor psyche hasn't changed a lot over the years; preference for bank FDs is here to stay

In the case of FDs, bank-loyalty and tax benefits help SCBs score over NBFCs.