Monday, 24 January, 2022
TopicNBFC

Topic: NBFC

Modi govt has come to the rescue of MSME financing. It now needs to give one extra push

TReDS platform boosts cash flow financing for small businesses. And yet, only about 10,000 out of more than 6 crore unincorporated MSMEs are registered on the platform.

Off The Cuff with Deepak Parekh

Deepak Parekh, Chairman of HDFC Ltd, India's largest housing finance company, was the guest at ThePrint's Off the Cuff. In a conversation with Editor-in-Chief...

PM Modi to meet heads of large banks, NBFCs to take stock of economy

The meeting is likely to be around reviving the economy which is expected to contract by 4.5 per cent in the current fiscal, according to some estimates.

One-time loan restructuring, deferment of tax payments needed now — Srei chief Hemant Kanoria

Kanoria said the special liquidity window announced by the Modi government for NBFCs has not helped Srei, adding that banks are still reluctant to lend.

Borrowing costs are finally beginning to fall for India’s top NBFCs

Premiums investors seek to buy AAA ranked 5-year bonds of NBFC lenders over government securities declined in May after gaining for 3 consecutive months.

NBFCs face new crisis as investors are dumping their debt after Franklin funds collapse

Mutual funds are big buyers of NBFC bonds & some are struggling to meet redemptions after the biggest-ever forced closure of funds by Franklin.

RBI gives another big bonanza, this time to NBFCs, stressed borrowers, rural sector, MSMEs

RBI governor Shaktikanta Das says with inflation falling, there is more policy space available to address growth and financial stability amid Covid-19 concerns.

Yes Bank seizure has killed all hope of a quick revival of NBFCs

Yes Bank takeover is first instance of a large bank falling prey to contagion from NBFC crisis that policy makers have struggled to contain for 18 months.

India faced abrupt economic slowdown in 2019, but not in recession, says IMF chief

IMF chief Kristalina Georgieva said India's slowdown was due to the non-banking financial institutions experiencing a turbulence.

Indian stocks will bounce back as NBFC crisis passes, AMP says

AMP Capital is sticking to its bullish stance despite the market’s recent rout. It expects the Sensex to rise by more than 20% in the next two years.

On Camera

YourTurn

Liberals mourning India Gate flame must also recall some dark aspects of the colonial Army

The moving of the flame seems, to some, as part of an ongoing extinguishing of the Indian Army’s heritage of secularism, decency and righteousness.
Representational image for trade from China | Photo: Bloomberg

What conflict? India’s imports from China soar to almost $100 bn, led by smartphones, machinery

According to China's official data, its exports to India reached $97.52 billion in 2021, while total two-way bilateral trade touched $125.66 billion.

Defence

File photo of Scorpene-class submarine 'INS Vela', at the Naval Dockyard in Mumbai | ANI

Kamov choppers, submarine torpedoes among deals defence ministry will review this week

Ministry is reviewing all procurement under the ‘Buy (Global)’ category, under which equipment is bought directly from foreign manufacturers, amid govt's 'Atmanirbhar' push.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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