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Top NBFCs seek RBI nod to raise retail deposits
[ad_1] MUMBAI: Large non-banking finance companies (NBFCs) have urged the central bank to allow them to raise deposits from retail investors-a move they say…
Tag: nbfcs
Banking
New AIF norms on dematerialisation of investments, mandatory custodian appointments kick in
[ad_1] Securities and Exchange Board of India (SEBI) has begun the new year on a strong note, bringing into effect its November 2023 Board…
Banking
Banks, NBFCs post double digit loan growth in Q3
[ad_1] MUMBAI Banks, both public sector and private, continued to post robust double-digit loan growth of 11-23 per cent y-o-y in Q3 FY24, as…
Banking
Lenders flag rising delinquencies in small ticket unsecured retail loans post RBI caution
[ad_1] A fortnight after RBI cautioned banks against unprecedented growth in unsecured retail loans and asked them to grow “sensibly”, large banks and NBFCs…
Banking
NBFCs’ AUM to rise 13-15% in FY24 led by 18-20% retail loan growth: ICRA
[ad_1] The growth outlook for NBFCs and HFCs (housing finance companies) has improved to 13-15 per cent from 11-13 per cent earlier led by…
Banking
Banks witness robust deposit accretion and credit demand in reporting fortnight
[ad_1] Scheduled banks reported a growth in deposits in the reporting fortnight ended June 16, 2023, as they continue with high deposit rates even…
Banking
Bank of India launches “Centralised Pool Buy-Out and Co-Lending Cell” to boost priority sector lending
[ad_1] Bank of India has launched a ‘Centralized Pool Buy-Out and Co-Lending Cell’ to boost priority sector lending. The Cell, which is housed in the Bank’s…
Banking
Bank loans to NBFCs under RBI scanner
[ad_1] Annual inspections by the Reserve Bank of India (RBI) has commenced for banks. With FY23 financials under the scanner, what’s grabbing the regulator’s…
Business
RBI cancels certificate of registration of four NFBCs; list here
[ad_1] The Reserve Bank of India (RBI) on Wednesday said that it has cancelled the certificate of registration of four NBFCs (Non-Banking Financial Companies).…