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Finance Bill passed in Lok Sabha

Finance Minister Nirmala Sitharaman on Thursday asserted her Budget proposals are aimed at improving ease of living and reducing pain of citizen, even as she did not accept the......

Why RBI said no to NBFCs with funds from Mauritius

The RBI is of the view that it cannot carry out satisfactory due diligence for granting registration because the funding is from a jurisdiction that has been identified by FATF as having weak......

HDFC urged to reduce stake in insurance arms

In HDFC Life, the company has to pare 1.43 per cent, and in HDFC Ergo, it has to pare only 0.58 per cent. Illustration: Dominic Xavier/Rediff.com The Reserve Bank of India (RBI) has asked mortgage......

Why it makes sense for banks to lend to MSMEs

'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should encourage banks to handhold them in this hour of crisis,'......

Sitharaman unveils Rs 6 lakh cr stimulus, more to follow

The government on Wednesday announced a nearly Rs 6 lakh crore package, including Rs 3 lakh crore of collateral-free loans for small businesses and a Rs 30,000 crore lifeline to non-banking and......

COVID-19 deals a deadly blow to small realty players

Experts say that the lockdown and its aftermath will further quicken the consolidation in the real estate sector, which has been taking place since 2012, with more small players going out of the......

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‘Provide one-time restructuring of NBFC loans’

Non-banking finance companies have asked Finance Minister Nirmala Sitharaman to amend the special liquidity scheme to cover a tenure of up to three ye ...

https://www.thehindubusinessline.com/money-and-banking/provide-one-time-restructuring-of-nbfc-loans/article31703654.ece

Why RBI said no to NBFCs with funds from Mauritius

The RBI is of the view that it cannot carry out satisfactory due diligence for granting registration because the funding is from a jurisdiction... ...

http://www.rediff.com/money/report/why-rbi-said-no-to-nbfcs-with-funds-from-mauritius/20200529.htm

The bulls get room to wriggle in lockdown

NEW DELHI: Domestic equity investors took a leap of faith on Wednesday and equity indices rallied in afternoon trade trying to catch up with global... ...

https://economictimes.indiatimes.com/markets/stocks/news/short-covering-catch-up-heres-what-drove-sensex-up-900-points/articleshow/76032818.cms

Real estate sector unable to benefit from reduction in repo rates, CREDAI to RBI Governor

It has asked RBI to direct banks to pass on the benefit of the rate cuts to NBFC/HFCs. ...

https://www.moneycontrol.com/news/real-estate/real-estate-sector-unable-to-benefitreductionrepo-rates-credai-to-rbi-governor_13820341.html

Sharekhan

'Q4 stable for the NBFC on asset quality front' ET Now | Last Updated: May 25, 2020, 05.03 PM IST They are into the mortgages business and that is... ...

https://economictimes.indiatimes.com/markets/expert-view/hdfc-a-better-play-than-its-peers-lalitabh-srivastava/articleshow/75973706.cms

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