They have a quick loan application process and their business loans interest rate are competitive with more easy terms and conditions
13 Feb 2021 8:24 PM
The PSBs also gained with Nifty PSU Bank Index closing up by 2.83 per cent.
07 Feb 2020 2:02 AM
The move, according to experts, would help NBFCs in the recovery process of an even smaller loans.
02 Feb 2020 3:05 AM
The infrastructure credit had witnessed a 19 per cent growth in FY19 to Rs 21.1 lakh crore.
07 Jan 2020 9:34 AM
The rise in securitisation is being driven by the inadequate funding available to NBFC-MFIs from conventional sources, finds Icra.
12 Dec 2019 1:20 AM
Two-wheeler sales increased 5 per cent to 13,34,941 units last month as compared with 12,70,261 units in the year-ago period.
20 Nov 2019 3:29 AM
On Friday, the ministry notified the framework for dealing with systemically important FSPs, excluding banks.
19 Nov 2019 9:35 AM
The government approved a Rs 25,000 crore fund to help complete over 1,600 stalled housing projects.
16 Nov 2019 11:11 AM
Icra expects year-on-year credit growth to decline to 6.2-6.8 per cent in FY20 from 13.5 per cent in the last financial year.
04 Nov 2019 3:35 PM
Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified departments.
02 Nov 2019 12:27 PM
GDP expansion will pick up to 6.2 per cent in the next financial year (2020-21) and to 6.7 per cent in the year after.
24 Oct 2019 2:20 PM
The repurchase of shares by listed companies is governed by the Buyback Regulations of Sebi as well as the Companies Act.
30 Sep 2019 3:29 PM
I heard good things, positive thing, she said, and added that 'the message I got is that consumption is happening.'
26 Sep 2019 10:31 PM
Altico added its total borrowing from banks and financial institutions is Rs 4,361.55 crore as on September 12, 2019.
13 Sep 2019 9:12 AM
RBI increased loan exposure limit of banks to a single NBFC from 15 per cent to 20 per cent.
13 Sep 2019 9:01 AM
Banking and non-banking financial companies (NBFCs) are still grappling with very large bad loans on their balance sheets.
28 Aug 2019 12:03 PM
DHFL owes over Rs 45,000 to banks, and the rest to other financiers including mutual funds, pension funds and insurers.
21 Aug 2019 12:31 PM
The company is estimated to be sitting on a debt-pile of over Rs 90,000 crore.
20 Aug 2019 9:36 AM
IL&FS group's failure has made banks highly risk averse to the NBFC sector, leading to a severe liquidity crunch.
19 Aug 2019 1:14 PM
SBI was to first one to link loans and deposits to the repo rate from May and home loans from July, six other banks followed.
19 Aug 2019 12:40 PM