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NBFC job losses mount as lending plummets

'The people let off by the NBFCs have little bargaining power and willingly settle for a 20% to 25% cut in their existing salaries when hunting for new jobs.'Krishna Kant and Sachin P Mampatta......

How NBFC crisis has hit India's textile industry

Large retailers are allegedly importing apparel made of Chinese fabric from Bangladesh at nil duty, under our free trade agreement with the latter country.However, the same agreement does not......

Despite NBFC crisis, NPAs fall to 9.3% in FY19: RBI

The report said resilience of the banks has increased with a sharp improvement in the provision coverage ratio to 60.6 per cent in March 2019 from 52.4 per cent in September 2018 and 48.3 per cent......

NBFC cash crunch worsens

NBFCs are mainly dependent on funding their operation from their own cash flows.Jash Kriplani and Anup Roy report. The liquidity crunch at non-banking financial companies (NBFCs) is worsening,......

RBI asks NBFCs to boost high quality liquid assets

An NBFC must actively manage its collateral positions, differentiating between encumbered and unencumbered assets, and monitor such assets so that they can be mobilised in a timely manner, central......
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Lenders to DHFL ready for haircut in rescue - sources

Analysts say the NBFC firm may struggle to find buyers for the businesses it wants to sell. Reuters | Updated: Jul 16, 2019, 09.46 PM IST BCCL The... ...

https://economictimes.indiatimes.com/markets/stocks/news/lenders-to-dhfl-ready-for-haircut-in-rescue-sources/articleshow/70248295.cms
Mirae Asset MF positive on financials, OMCs, pharma shares for investments

Some of the issues like NBFC crisis are cyclical in nature and should be resolved over the next couple of quarters ...

https://www.moneycontrol.com/news/business/mirae-asset-mf-positivefinancials-omcs-pharma-shares-for-investments_12757341.html
NBFC job losses mount as lending plummets

'The people let off by the NBFCs have little bargaining power and willingly settle for a 20% to 25% cut in their existing salaries when hunting for... ...

http://www.rediff.com/money/report/nbfc-job-losses-mount-as-lending-plummets/20190716.htm
Repco MFI wins award from Nabard for SHG linkage in TN

Repco Micro Finance, an NBFC-MFI promoted by Repco Bank, announced on Monday that it has received Nabard’s award for outstanding performance in... ...

https://www.thehindubusinessline.com/companies/repco-mfi-wins-award-from-nabard-for-shg-linkage-in-tn/article28447265.ece
IIFCL, NHB, Nabard SPV for credit enhancement NBFC, government gives Rs 500 cr capital

Mon, Jul 15 2019 07:22:29 PM By Subhash Narayan New Delhi, Jul 15 (IANS): The government has decided to provide capital support to a new credit... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=605724

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