In the Indian scenario, we look upon festivals as auspicious times to make a new beginning. This year, things are a bit different, with the Corona Virus pandemic impacting all...
After undertaking a review, it has been decided to extend the priority sector classification for bank loans to NBFCs for on-lending for 2020-21, RBI said in a statement. ...
The Reserve Bank of India (RBI) said it has extended regulatory restrictions on Punjab and Maharashtra Cooperative (PMC) Bank for three more months till June 22,...
The agency noted that the construction sector is heavily dependent on bank credit flow, which continues to be subdued. India Ratings has revised its outlook for the construction industry to negative...
Besides, the asset-wise eligibility criterion to be admitted under the debt recovery process has been reduced, according to Budget documents. The government has proposed to provide...
The investment comes at a time when the housing sector is facing a slowdown in sales and a squeeze in liquidity from non-bank lenders. Motilal Oswal...
Industry body CII on Tuesday recommended easing of certain norms for enhancing liquidity for non-banking financial companies (NBFCs) and housing finance companies (HFCs). It has suggested to ease ECB norms...
The real estate sector, which is one of the major contributors to India’s GDP, has undergone significant changes in the last few years making it more...
“With the chances of the company’s revival having brightened to an extent, the level of discount is coming down,” said the head of debt capital market...
In the last year, the company has raised long-term capital of Rs 24,000 crore to pare short-term liability and adjust the mismatch. It has raised equity...
