Thursday, 26 May, 2022

Topic: NBFC

M.K. Narayanan on fresh thinking on Kashmir, and Rajiv Kumar on merits of FDI

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

NBFCs have a new crisis coming with huge wall of maturing debt

NBFCs have a record Rs 1.1 trillion of local-currency bonds due next quarter, according to data compiled by Bloomberg.

Shunned at home, NBFCs are paying more for foreign funds

NBFCs have raised more than $2 billion of overseas bonds & loans in 2019, a record compared with the same period in previous years.

SBI sees big opportunities in cash crunch crisis of NBFCs

SBI sees opportunities in taking business from NBFCs without creating new asset quality problems, says Chairman Rajnish Kumar.

New RBI guidelines to squeeze profit margins of NBFCs

RBI guidelines issued Friday require most NBFCs to set aside a liquidity buffer by investing in high-quality liquid assets, primarily sovereign bonds.

Data analytics — govt regulator’s answer to dodge IL&FS-like crisis in housing finance sector

National Housing Bank is looking to prevent an IL&FS-like default in the housing finance sector as companies grapple with serial downgrades.

RBI to create specialised cadre to manage commercial banks & NBFCs

The decision to create the specialised cadre was taken at RBI's Central Board meeting headed by Governor Shaktikanta Das.

Haryana’s experience shows Bt brinjal is safe. New govt should lift embargo

ThePrint view on the most important issues, instantly.

NBFCs are feeling the sting as mutual funds cut debt exposure

Mutual fund investments in commercial paper & bonds that mature within 90 days dropped to Rs 3.24 trillion at end of March, the lowest in 6 quarters.

NBFCs are running out of options and selling bonds to the public

NBFCs are selling public bonds with the purpose of building a retail base. But individual investors may not be aware of the high risks.

On Camera


US President Joe Biden speaks in the East Room of the White House in Washington, D.C., on 16 August 2021. Biden defended his decision to withdraw US troops from Afghanistan | Samuel Corum | Bloomberg

US blames failure to shut Pakistan border for Afghan defeat. India, please take note

The US could have used its coercive resources to compel Pakistan to shut down the Taliban’s transborder sanctuaries. It chose not to—costing its victory.
Vendors at a store selling edible oils at Begum Bazaar in Hyderabad, India| Photographer: Dhiraj Singh/Bloomberg

Modi govt to allow duty-free import of soybean, sunflower oil, cool surging prices

The government will permit purchases of 2 million tons each of the two vegetable oils per annum this fiscal year and the next, according to a notification by the finance ministry.


Naval helicopters | Representational image |

What’s Combined Military Forces-Bahrain? US-backed coalition India joined on Quad sidelines

India is 35th member of the maritime counterterrorism partnership that also includes Pakistan, Australia, Bahrain, Denmark, Egypt, France, Germany and Greece, among others.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.