Search Results for: NBFC

Kolkata police raids properties allegedly linked to Nageshwar Rao's wife

The former CBI interim director denied his family had any connection with the companies raided in Kolkata.

Feb 9, 2019

Election-year uncertainties inhibit market after RBI rate cut surprise

Feel-good vibe of interim budget ebb as worry over large borrowings and choppy global indices spur risk aversion.

Feb 8, 2019

Dovish RBI policy to help poll-bound Modi government: Key points

By loosening liquidity and softening the outlook, the reserve bank has administered the right medicine foe the government's election year pangs.

Feb 7, 2019

Populist Budget: Real Estate sector gets much needed relief

The interim budget presented by the acting Finance Minister, Piyush Goyal earlier this week was entirely from a populist eye on the middle class and farmers.

Feb 3, 2019

Realty inventory worth Rs 1 lakh crore shines light on ready-to-move-in units

Listed companies alone build up an inventory equivalent to 32 months' annualised net sales in the first half of FY19.

Jan 15, 2019

Credit offtake jumps to 47-year high even as deposits remain sluggish

RBI data highlights that credit jumped 15.1% in December, as against a year earlier, while deposits increased 9.2% during the same period.

Jan 11, 2019

NBFC crisis hits real estate sector; sales growth muted at 6%

In the first six months of this year, 1,82,207 units were launched across eight cites including Mumbai, Bengaluru and the National Capital Region (NCR), out of which nearly 60 percent were priced below ₹50 lakh

Jan 10, 2019

Modi govt's re-election push: MSMEs to get GST, loan restructuring breathers

Prime Minister Modi wants GST Council to raise compliance threshold for MSMEs to Rs75 lakh while RBI nod for one-time restructuring covers loans of up to Rs25 crore

Jan 2, 2019

L&T Finance Holdings' N. Sivaraman appointed as IL&FS COO

Sivaram is a veteran in the financial management of the asset companies. He was associated with the construction behemoth Larsen and Toubro group for a period of 34 years.

Dec 4, 2018

Major relief for NBFCs and small business as RBI eases hedging norms

In a circular issued by the central bank, for ECBs which have a maturity period between three-five years, the mandatory hedging requirement has come down to 70%, instead of the earlier level of 100%.

Nov 28, 2018

Three Bengaluru Realtors in GROHE Hurun top 10 real estate rich list 2018

The three richest realtors from Bengaluru are Jitendra Virwani of Embassy Group, and Raj and Manoj Menda of RMZ group. The list also features nine women entrepreneurs, with Renuka Talwar of DLF group ranked at nineteen topping the list.

Nov 22, 2018

Heavy truck sales to get affected amid liquidity crunch

Small non-banking financial cooperation (NBFCs) are struggling to raise loans moreover with bigger financiers raising interest rates, fleet operators are forced to delay the orders.

Nov 21, 2018

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Will RBI chief Urijit Patel quit if push comes to shove?

The government wants Patel to yield on key issues including reserves and bank NPAs to re-ignite economic growth, especially of MSMEs.

Nov 19, 2018

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China's largest bank offers $200 mln lifeline to Indian MSME sector

In the current round of funding, seven to eight start-ups could get a commitment to the tune of $30 million, the Indian embassy said in a statement issued in Beijing.

Nov 13, 2018

RBI tightens oversight of NBFCs, cancels registration of 31 firms

West Bengal leads in the number of finance companies suffering central bank's axe while another 17 voluntarily close business.

Nov 11, 2018

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