Banks Vs NBFCs: Why MSMEs Prefer The Latter For Loans

The credit profiles of Indian banks and non-banking financial companies (NBFCs) are expected to remain strong despite the challenging global environment

Icra Estimates Securitisation Volumes At Rs 53,000 Cr In Q1 FY2024, 60% Higher Than Q1 FY2023

The securitisation volumes, combining both direct assignments and pass-through certificates, have been witnessing a healthy recovery after the impact of Covid-19 waned, it says

Small Business, Big Impact: NBFCs' Role In India's Economic Growth

As per a report by the RBI, the share of NBFCs in the total credit extended to the economy increased from 16.4 per cent in December 2022 to 29.1 per cent in February 2023

Greensill Insolvency: Cautionary Tale for Indian Fintech

The government should consider giving the same weight to RMS as to statutory audits. These two steps will reduce, if not totally prevent excesses to a large extent.

SC refuses to pass order on plea seeking probe into China's alleged surveillance on President, PM, judges

SC refuses to pass order on plea seeking probe into China's alleged surveillance on President, PM, judges

Slowdown To Compress Incremental Credit Growth In FY20: ICRA

Non-banking financial companies (NBFCs) and housing finance companies (HFCs) to the banking system for their funding requirements had boosted bank credit growth in 2018-19.

SEBI Fines Three Credit Rating Agencies For IL&FS Debt Rating

SEBI said the failure of rating agencies is blameworthy and serious, considering the degree of responsibility bestowed upon them by the statute.

When Rahul Bajaj Broke Deafening Silence Of India Inc

The auto sector went through one of the longest sales slumps leading to nearly 3.5 lakh job losses.

Non-bank Finance Firms Cash In On Indian Lenders' Bad Loan Pain

Indian banks' struggles with bad loans over the past three years have opened an opportunity to ramp up lending for so-called non-banking financial companies, which are not as strictly regulated as banks

RBI Report Backs Limits On Gold Importers