DHFL, which has been severely impacted by the NBFC crisis which unfolded late last year following the IL&FS bankruptcy, has defaulted on multiple commitments. India Ratings and Research has ...
Microfinance institutions (MFI) can hope for stability by the first quarter of FY26, with an expected AUM growth of 15 ...
Four Balance Sheet challenge refers to a financial distress affecting four key sectors — banks, infrastructure companies, non ...
For an unsecured retail loan crisis to destabilise the banking or financial system, banks and NBFCs need to have sizeable exposure to such loans | Photo Credit: PRASANNAPiX For the past year ...
This is said to be one of the major reasons behind the recent challenges in the state of NBFC liquidity after the IL&FS default crisis in October 2018. As their operations are catered towards ...
Stock Market Today: Small-cap NBFC stock Mufin Green Finance Ltd gained almost 7% % despite increasing the paid-up capital. The Mufin Green Finance Ltd through its release on the exchanges on 28 ...
Incorporated in 2011, the NBFC has been profitable consecutively for the last nine years despite multiple industry-wide debacles, including the IL&FS crisis of 2018 So far, Kinara Capital has ...
Curbing a crisis Das intends to keep non-banking financial companies (NBFCs) on a tight leash. A crisis has been unfolding in India’s shadow banks or NBFCs-- the ones that lend money but do not ...
Mumbai: The Reserve Bank of India (RBI) on Thursday retained Tata Sons --- the principal holding company of the Tata Group --- in its list of 15 upper-layer non-bank financiers for FY25, but said ...
The last quarter of 2018 saw a huge liquidity crisis among the among NBFCs, starting with IL&FS and gradually snowballing into a major issue for the entire industry. The headwinds blowing against the ...