Nbfcs Crash
CreditAccess Grameen cracks 12% on heavy volume amid asset quality concerns
Thus far in the calendar year 2024, the market price of CreditAccess Grameen has plunged 46 per cent, as compared to 10 per cent rally in the BSE Sensex.
 "CreditAccess Grameen cracks 12% on heavy volume amid asset quality concerns")
Updated On : 29 Nov 2024 | 10:32 AM IST
Crisis no hindrance for yield-hungry global financiers to Indian NBFCs
The top-rated non-banking financing companies are able to get loans in the domestic market as well, but they are finding that borrowing costs are often lower overseas
 "Crisis no hindrance for yield-hungry global financiers to Indian NBFCs")
Updated On : 14 Nov 2019 | 3:47 AM IST
A health check on India's shadow banks shows the crisis is far from over
Troubles began last year when major shadow bank IL&FS Group unexpectedly defaulted, prompting broader shock that made it hard for many companies to refinance debt
 "A health check on India's shadow banks shows the crisis is far from over")
Updated On : 27 Oct 2019 | 4:22 PM IST
More NBFCs will have to die if India's shadow-banking sector is to survive
A few quarters of pain in sectors that depend upon shadow financing is a small price to pay to produce a sector that winds up doing its job efficiently and sustainably
 "More NBFCs will have to die if India's shadow-banking sector is to survive")
Updated On : 30 Jul 2019 | 8:35 AM IST
