#Economy: The RBI bulletin of August 2021 issue suggests that #NBFCs that had received funds under the Targeted Long-Term Repo Operations witnessed an improvement in their short-term liquidity buckets as compared to others
https://www.moneycontrol.com/news/business/economy/tltro-funds-improved-nbfcs-short-term-liquidity-buckets-rbi-bulletin-7351861.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/economy/tltro-funds-improved-nbfcs-short-term-liquidity-buckets-rbi-bulletin-7351861.html?utm_source=telegram&utm_medium=social
Moneycontrol
TLTRO Funds Improved NBFCs' Short-term Liquidity Buckets: RBI Bulletin
Liquidity conditions of the non-banking finance companies had worsened in the wake of COVID-19 pandemic.
In the wake of #Covid19, #RBI announced several measures to spur bank credit to small #NBFCs. But banks haven’t been forthcoming, writes Dinesh Unnikrishnan.
Here's all you need to know: https://www.moneycontrol.com/news/business/small-nbfcs-continue-to-struggle-for-funds-despite-rbis-liquidity-push-7427151.html?utm_source=telegram&utm_medium=social
Here's all you need to know: https://www.moneycontrol.com/news/business/small-nbfcs-continue-to-struggle-for-funds-despite-rbis-liquidity-push-7427151.html?utm_source=telegram&utm_medium=social
Moneycontrol
Small NBFCs continue to struggle for funds despite RBI’s liquidity push
In the wake of Covid-19, the RBI announced several measures to spur bank credit to small NBFCs. But banks haven’t been forthcoming.
#MCPersonalFinance: The deposits of quality non-banking finance companies offer attractive interest.
Here are five #NBFCs with the highest credit rating that offer safety and returns to depositors.
https://www.moneycontrol.com/news/opinion/results-preview-in-q2-earnings-momentum-likely-to-continue-7579131.html?utm_source=telegram&utm_medium=social
Here are five #NBFCs with the highest credit rating that offer safety and returns to depositors.
https://www.moneycontrol.com/news/opinion/results-preview-in-q2-earnings-momentum-likely-to-continue-7579131.html?utm_source=telegram&utm_medium=social
Moneycontrol
Five NBFC Fixed Deposits With AAA Rating That Offer Up To 6.5% Interest
The rates offered by these NBFCs are higher than those given by top public and private sector banks
#MCPersonalFinance: The deposits of quality non-banking finance companies offer attractive interest.
Here are five #NBFCs with the highest credit rating that offer safety and returns to depositors ⤵️
https://moneycontrol.com/news/opinion/results-preview-in-q2-earnings-momentum-likely-to-continue-7579131.html?utm_source=telegram&utm_medium=social
Here are five #NBFCs with the highest credit rating that offer safety and returns to depositors ⤵️
https://moneycontrol.com/news/opinion/results-preview-in-q2-earnings-momentum-likely-to-continue-7579131.html?utm_source=telegram&utm_medium=social
Moneycontrol
Five NBFC Fixed Deposits With AAA Rating That Offer Up To 6.5% Interest
The rates offered by these NBFCs are higher than those given by top public and private sector banks
#MCPersonalFinance: The deposits of quality non-banking finance companies offer attractive interest.
Here are five #NBFCs with the highest credit rating that offer safety and returns to depositors:
https://www.moneycontrol.com/news/photos/business/personal-finance/five-nbfc-fixed-deposits-with-aaa-rating-that-offer-up-to-6-5-interest-7579131.html?utm_source=telegram&utm_medium=social
Here are five #NBFCs with the highest credit rating that offer safety and returns to depositors:
https://www.moneycontrol.com/news/photos/business/personal-finance/five-nbfc-fixed-deposits-with-aaa-rating-that-offer-up-to-6-5-interest-7579131.html?utm_source=telegram&utm_medium=social
Moneycontrol
Five NBFC Fixed Deposits With AAA Rating That Offer Up To 6.5% Interest
The rates offered by these NBFCs are higher than those given by top public and private sector banks
Finally, #NBFCs have been brought under the prompt corrective action (PCA) framework of the RBI. So, what is PCA? Dinesh Unnikrishnan explains 👇
https://www.moneycontrol.com/news/business/explainer-new-pca-rules-for-nbfcs-suggest-rbi-has-learned-its-lessons-from-ilfs-dhfl-episodes-7829521.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/explainer-new-pca-rules-for-nbfcs-suggest-rbi-has-learned-its-lessons-from-ilfs-dhfl-episodes-7829521.html?utm_source=telegram&utm_medium=social
Moneycontrol
Explainer | New PCA Rules For NBFCs Suggest RBI Has Learned Its Lessons From IL&FS, DHFL Episodes
NBFCs are set to enter an era of tight regulations with the central bank laying out the framework for prompt corrective action. What are the new rules and why now? Here’s an explainer.
Engineering major Larsen and Toubro's new e-commerce venture L&T SuFin has also partnered with banks and #NBFCs that will offer financing facilities to buyers.
Read at 👇
https://www.moneycontrol.com/news/business/economy/lt-sufin-can-be-a-multi-million-dollar-business-lt-executives-8203661.html?utm_source=telegram&utm_medium=social
Read at 👇
https://www.moneycontrol.com/news/business/economy/lt-sufin-can-be-a-multi-million-dollar-business-lt-executives-8203661.html?utm_source=telegram&utm_medium=social
Moneycontrol
L&T-SuFin can be a 'multi-million dollar' business: L&T Executive
L&T SuFin has partnered with banks and non-banking financial companies that will offer financing facilities to buyers.
#MCPro: The marriage between #HDFC and #HDFCBank is about to rewrite the script for other industry players. But what about the time of the deal? Should large #NBFCs be worried?
Get all your questions answered here
https://moneycontrol.com/news/business/stocks/hdfc-hdfc-bank-merger-the-big-gets-bigger-and-better-8315241.html?utm_source=telegram&utm_medium=social
Get all your questions answered here
https://moneycontrol.com/news/business/stocks/hdfc-hdfc-bank-merger-the-big-gets-bigger-and-better-8315241.html?utm_source=telegram&utm_medium=social
Moneycontrol
HDFC-HDFC Bank merger: The big gets bigger and better
The promoters of HDFC group have done the maths, and it is music to shareholders' ears that despite the regulatory costs, the merger would be earnings accretive for the merged entity HDFC Bank right from day one
How do #HFCs & #NBFCs stack up against banks, which clearly have an upperhand in the housing credit space ? Will they feel the pinch further now that the HDFC twins merger has seen the light of day?
Neha Dave has all the answers, read here 👇
https://www.moneycontrol.com/news/business/moneycontrol-research/merger-of-hdfc-twins-hints-at-further-consolidation-in-the-housing-finance-space-8354991.html?utm_source=telegram&utm_medium=social
Neha Dave has all the answers, read here 👇
https://www.moneycontrol.com/news/business/moneycontrol-research/merger-of-hdfc-twins-hints-at-further-consolidation-in-the-housing-finance-space-8354991.html?utm_source=telegram&utm_medium=social
Moneycontrol
Merger of HDFC twins hints at further consolidation in the housing finance space
With no advantage on the funding side and increased regulatory costs, the profitability of HFCs is under pressure, and they are operating on wafer-thin margins
Banks & #NBFCs are likely to post higher credit growth and improvement in asset quality in Q4FY22 after seeing muted demand & a rise in slippages due to Covid-19-led disruptions for multiple quarters.
Read more 👇
https://www.moneycontrol.com/news/business/budget/lenders-may-see-uptick-in-credit-growth-better-asset-quality-in-q4-say-analysts-8362511.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/business/budget/lenders-may-see-uptick-in-credit-growth-better-asset-quality-in-q4-say-analysts-8362511.html?utm_source=telegram&utm_medium=social
Moneycontrol
Lenders may see uptick in credit growth, better asset quality in Q4, say analysts
Normalised collection efficiency will lead to higher recoveries and upgrades and higher credit growth shall further improve lenders’ headline gross non-performing asset figures, analysts say.
Why has scale-based regulation been introduced? What will be its impact on #NBFCs?
Pushpita Dey explains 👇
https://www.moneycontrol.com/news/business/banks/explained-what-scale-based-regulation-means-for-nbfcs-8386381.html?utm_source=telegram&utm_medium=social
Pushpita Dey explains 👇
https://www.moneycontrol.com/news/business/banks/explained-what-scale-based-regulation-means-for-nbfcs-8386381.html?utm_source=telegram&utm_medium=social
Moneycontrol
Explained: What scale-based regulation means for NBFCs
The RBI’s scale-based regulations for lending by non-banking finance companies are aimed at reducing risks for the financial sector.
Infrastructure-focused #NBFCs are likely to post 10%-12% loan growth in FY23 on rising credit demand & renewed govt efforts to revive public works projects, rating agency #ICRA said today.
Read more 👇
https://www.moneycontrol.com/news/business/infrastructure-finance-companies-to-post-10-12-loan-growth-in-fy23-icra-8390761.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/business/infrastructure-finance-companies-to-post-10-12-loan-growth-in-fy23-icra-8390761.html?utm_source=telegram&utm_medium=social
Moneycontrol
Infrastructure finance companies to post 10%-12% loan growth in FY23: ICRA
As of December 31, infrastructure-focused Non-Banking Financial Companies (NBFC) had given outstanding loans worth Rs 13.8 lakh crore.
#MCExclusive ⚡️ Catch Mathew Muthoottu, MD, Muthoottu Mini Financiers Ltd, about the Kochi-based company’s growth plans, challenges in the sector, and the RBI’s recent regulations for #NBFCs, in conversation with Siddhi Nayak.
Read at 👇
https://www.moneycontrol.com/news/business/banks/mc-exclusive-merger-an-option-for-smaller-nbfcs-says-muthoottu-mini-md-8394371.html?utm_source=telegram&utm_medium=social
Read at 👇
https://www.moneycontrol.com/news/business/banks/mc-exclusive-merger-an-option-for-smaller-nbfcs-says-muthoottu-mini-md-8394371.html?utm_source=telegram&utm_medium=social
Moneycontrol
MC Exclusive | Merger an option for smaller NBFCs, says Muthoottu Mini MD
Lower-layer NBFCs may face some difficulties when they move into the upper layer and have to adjust to a tighter regulatory regime, managing director Mathew Muthoottu said about the new regulatory framework.
#RBI's directions on credit cards say that registered #NBFCs cannot issue credit cards or similar products without the regulator's approval.
Read more 👇
https://www.moneycontrol.com/news/business/startup/rbis-new-credit-card-issuance-rules-three-key-points-explained-8397081.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/business/startup/rbis-new-credit-card-issuance-rules-three-key-points-explained-8397081.html?utm_source=telegram&utm_medium=social
Moneycontrol
RBI's new credit card issuance rules: Three key points explained
RBI's directions on credit cards say that registered NBFCs cannot issue credit cards or similar products without the regulator's approval.
#MCProOpinion: While tightening regulations on #NBFCs, the central bank has also allowed them to have their own credit cards, which should help them garner fees and higher interest income.
Read at 👇
https://www.moneycontrol.com/news/opinion/credit-cards-a-good-carrot-for-nbfcs-amid-tightening-regulation-8404581.html?utm_source=telegram&utm_medium=social
Read at 👇
https://www.moneycontrol.com/news/opinion/credit-cards-a-good-carrot-for-nbfcs-amid-tightening-regulation-8404581.html?utm_source=telegram&utm_medium=social
Moneycontrol
Credit cards a good carrot for NBFCs amid tightening regulation
The change will mean that NBFCs can now earn interest income on their credit cards as the credit would be from their own balance sheet