NBFCs request special funding window from banks to handle liquidity crisis
In a bid to handle the stress of liquidity crisis that might occur due to the COVID-19 crisis, Non-banking finance…
06 APR 2020
NBFCs
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5 ways in which personal loans can help you save money
Personal loans are collateral-free, big-ticket loans borrowed by individuals from money-lending institutions such as banks and NBFCs. These loans are…
13 MAR 2020
CredAble closes India’s first trade receivable securitisation with Northern Arc Capital
CredAble, a Supply Chain Financing FinTech Platform and NBFC has announced the closure of India’s first invoice backed securitisation transaction…
02 MAR 2020
Poonawalla Finance, Capital Float partner to release Rs 500 crores in 12 months
Poonawalla Finance, a subsidiary of Cyrus Poonawalla Group, has joined hands with Capital Float, India’s leading fintech lender, to offer…
28 FEB 2020
‘Leveraging technology with human touch will be the key to success in 2020’
In 2020, Non-Banking Financial Companies (NBFCs) with wide coverage and deep penetration in rural India can play a pivotal role…
27 JAN 2020
REWIND 2019: How technologies equipped NBFCs for future
With their immense involvement and contribution in the economy, NonBanking Financial Companies (NBFCs) have emerged as an alternative to mainstream…
27 JAN 2020
Scheduled Commercial Banks witness drop in Bank Gross NPA Ratio in 2019: RBI Report
Scheduled Commercial Banks (SCBs) have shown improvement in terms of Bank Gross Non-Performing Assets (NPAs) Ratio in 2019, says a…
26 DEC 2019
Bad loans expected to decline further to ~8% by March 2020: Muthoot Pappachan Group CMD
With GDP growth of 4.5 percent, the lowest since 2013, the Indian economy is currently going through a rough patch.…
21 DEC 2019
Centre clears changes to Partial Credit Guarantee Scheme for NBFCs
The Union Cabinet has cleared the changes to the partial credit guarantee scheme for non-banking financial firms and housing finance companies. During Union Budget this…
12 DEC 2019
RBI revokes certain exemptions granted to housing finance companies
The Reserve Bank of India (RBI) has revoked certain exemptions approved for the housing finance companies (HFCs), putting its regulations…
12 NOV 2019
