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Page 2 - Public Sector Nbfcs

Realty stimulus: Investors must not bet on NBFCs just yet, say experts

Many non-banking housing financiers have, over the past few months, witnessed deterioration in their wholesale real-estate asset loan book, warranting higher provisioning and thereby limiting growth

Realty stimulus: Investors must not bet on NBFCs just yet, say experts
Updated On : 07 Nov 2019 | 10:57 PM IST

Financials rally up to 7% on report govt could notify NBFC resolution rules

However, some financial stocks, with weak fundamentals, missed the rally. For instance, Indian Bank, YES Bank, and Indiabulls Ventures slipped up to 9 per cent.

Financials rally up to 7% on report govt could notify NBFC resolution rules
Updated On : 26 Sep 2019 | 3:11 PM IST

No stressed asset of MSME to be declared NPA till Mar 31, 2020: Sitharaman

State-owned lenders will hold meetings with Non-Banking Financing Companies--or shadow banks--and new retail customers in 200 districts till September 29 to explore giving credit

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Updated On : 20 Sep 2019 | 9:56 AM IST

Banks to get two-year guarantee to purchase 'pooled assets' of NBFCs

The government has allowed the NBFCs and HFCs to buy back their assets 'after a specified period of 12 months' as a repurchase transaction, on a right of first refusal basis

Banks to get two-year guarantee to purchase 'pooled assets' of NBFCs
Updated On : 14 Aug 2019 | 1:04 AM IST

Central Govt-run NBFCs: To merge or not to merge, that is the question

A single mega entity would provide India with the sovereign fund raising arm that has been tried through other hoary routes like the oft-tried sequestering a part of foreign exchange reserves

Central Govt-run NBFCs: To merge or not to merge, that is the question
Updated On : 20 Feb 2019 | 1:26 PM IST