Tag: NBFC

Only Standard Loan Accounts as of March Can Be Recast Under Pandemic Scheme, Says RBI

Image for representation.(REUTERS/Francis Mascarenhas/Files)RBI said a loan account that was due for more than 30 days as on March 1, 2020, but subsequently got...

Overall Jobs Growth Rate Slips to 3.5% in FY20: Report

Reflecting the overall stress in the economy, the employment growth rate declined to 3.5 per cent in FY20 from 3.8 per cent in the...

Finance Minister Asks Banks to Roll Out Loan Restructuring Scheme by September 15

File photo of finance minister Nirmala Sitharaman. (PTI) ...

RBI blocks NBFC plans of Mauritius-funded startups – Times of India

BENGALURU: Indian startups will have to wait longer to own their non-banking financial company (NBFC) licence since the Reserve Bank of India (RBI) has...

PM Narendra Modi asks banks, NBFCs to fund bankable proposals; assures support

New Delhi: Prime Minister Narendra Modi on Wednesday (July 29, 2020) joined a meeting with heads of banks and NBFCs, urging the banks to...

FM Sitharaman Meets Private Banks, NBFCs to Ensure Liquidity to MSMEs

New Delhi: The government is going all out to ensure...

Swiftly Implement Stimulus to Benefit NBFCs: India Ratings

Mumbai: Ratings agency India Ratings and Research on Tuesday said...

Amid Lockdown, SBI Decides to Extend Moratorium to Cash-strapped NBFCs

Kolkata: The country’s largest lender SBI has decided to extend...

COVID-19: NBFCs ask RBI for one-time restructuring of all loans till Mar 2021

Mumbai: Non-banking financial companies (NBFCs) have asked the Reserve Bank of India to allow them one-time restructuring of all loans till March 2021, as...

Amid Lockdown, RBI Reviews Liquidity, Flow of Funds With NBFCs, MFs

Mumbai: The Reserve Bank of India on Monday reviewed the...

‘No Revenue Loss For NBFCs on 3-Month Moratorium on Loan Repayments’

New Delhi: The three month moratorium on term loan repayments...

RBI Extends Priority-sector Classification For Bank Loans to NBFCs

New Delhi: The Reserve Bank of India has extended the...

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