NBFC and microfinance leaders urge liquidity support, credit guarantees, SARFAESI threshold cut and policy clarity for MSMEs and borrowers.
Davos, Jan 23 (PTI) Financial services major Bajaj Finserv’s chief Sanjiv Bajaj on Wednesday said NBFCs must be subjected to the right regulations as that would give consumers greater confidence about ...
NBFCs and NBFC-MFIs contribute to 86 per cent of the microfinance client base and 84 per cent of the outstanding portfolio, according to a report. The report, prepared jointly by Sa-Dhan, a ...
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Bandhan, RBL, IDFC First, IndusInd Bank: How cut in risk weights may impact these banks
The Reserve Bank of India (RBI) has taken a slew of measures that could benefit a couple of banks and NBFCs. First, the central bank reduced risk weights on MFI business loans of banks to 75 per cent ...
After a long wait, moratorium burdened Non-Banking Financial Companies (NBFC) and financial institutions finally got massive relief from the government as finance minister Nirmala Sitharaman announced ...
NBFCs have been an important part of the BFSI industry in India. NBFC credit is around INR 18.6 Lakh Cr in retail lending as of July 2023 Traditional NBFCs, with limited use of technology in their ...
New Delhi [India] November 27 (ANI): India's microfinance industry is witnessing a renewed upswing, supported by rising rural demand, improved repayment behaviour and early signs of asset-quality ...
With just 20 days to go for the Union Budget, small and mid-sized NBFC-MFIs (non-banking finance company – microfinance institutions) are hoping that a credit guarantee scheme – mooted by the industry ...
One such channel is funding dependence. NBFCs rely heavily on bank credit, creating the risk that trouble in one segment spills quickly into another. To temper this, the RBI hiked risk weights on ...
NEW DELHI: The finance ministry is weighing a plan to provide credit guarantee cover to funds that NBFCs raise from banks and ramp up their microfinance operations, according to two people familiar ...
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