NBFCs shall be required to retain a minimum of 20 per cent share of the individual loans on their books. […]
It said growth in assets under management would be flattish for NBFCs as against its earlier estimate of 8-10 per […]
He said it is good that the failure on the large exposures happened very early into Bandhan Bank’s journey, which […]
NBFCs and HFCs came under stress following a series of defaults by IL&FS group firms in September 2018. The finance […]
Revenue from operations fell to Rs 2,575 crore in Q1 FY21 from Rs 3,885 crore in Q1 FY20. “The phase […]
It said the COVID-19-induced slowdown is likely to impact housing finance companies (HFC) and pose several other challenges. Housing finance […]
The facility will be for a period of 1 year and will be charged at repo rate. Reserve Bank of […]
However, the net loss for the quarter was lower than Rs 238.37 crore reported for the March 2020 quarter. Reliance […]
The agency’s aggregated analysis report of its rated HFCs said the GNPAs (gross NPAs) in the housing segment is estimated […]
ICRA said that HFCs weighted average on balance sheet cash and liquid investments stood at about 7% of the AUM […]