Fintech-led NBFCs Could Face Tough Time In FY21: India Ratings
Our BureauSmall fintech-led non-bank financial companies (NBFCs) could be in for greater trouble in the current fiscal d... Read more
Credit Growth Of Housing Finance Companies To Be Lower At 9-12% In FY21: ICRA
The credit growth of housing finance companies (HFCs) is likely to be lower at 9 to 12 per cent in FY21, vis-a-vis last ... Read more
Monetary Policy Committee To Meet 5 Times This Fiscal
The rate-setting Monetary Policy Committee (MPC) will be meeting five times in FY21, against seven in FY20.Usually, the... Read more
Fintech-led NBFCs Could Face Tough Times In FY21: Ind-Ra
Small, fintech led non-bank financial companies (NBFCs) could be in for greater trouble in the current fiscal due to the... Read more
Small Finance Banks May Get Breather From RBI On Listing
K Ram KumarWith the economy and financial markets thrown into turmoil due to Covid-19 outbreak, the Reserve Bank of Indi... Read more
How RBI Decision To Withhold Dividend Payout Could Help Banks Conserve Capital
15 banks paid over ₹7,164 crore as dividend for FY19 Read more
Why RBIs Liquidity Measures For NBFCs May Not Reach Last-mile Rural Borrowers
Chunk of mid, small NBFCs do not enjoy investment-grade rating, which leaves them out of the ambit of TLTRO Read more
HDFC Bank Posts Robust Q4 Results, But Cautions On Road Ahead
Over 95% of retail customers who took moratorium availed it as caution Read more
Telangana Grameena Banks FY20 Net Profit Surges To ₹172 Crore
Telangana Grameena Bank’s net profit increased manifold at ₹172 crore in the financial year ended March 31, 2020 as ... Read more
China Cuts Key Rate For Second Time This Year, More Easing Likely
It signals “counter-cyclical relaxation” in housing sector Read more
Microfinance Firms In Turmoil As Collections Come To A Grinding Halt
RBI’s liquidity measures may offer respite, but will banks buy bonds of small, medium MFIs? Read more
Micro-finance Players In Talks With RBI, Government For Moratorium, Liquidity Support
Hope to resume partial operations soon Read more
CSB Bank Gold Credit Scheme
CSB Bank has introduced a pre-approved gold credit scheme called ‘Akshaya Gold Credit Line (AGCL). CVR Rajendran, MD... Read more
MPC Panel Voted For Rate Cut To Restore Consumer Confidence, Investor Sentiment
With the domestic economy getting impacted due to the global outbreak of Covid-19, restoring the confidence of producers... Read more
PNB Not To Go Below 26 Per Cent In PNB Housing Finance
Punjab National Bank (PNB) wants to continue to hold at least 26 per cent stake in PNB Housing Finance Ltd (PNBHFL) even... Read more