Adani Capital, the NBFC arm of the Adani Group, has acquired Essel Finance’s MSME loan business. The financial terms of the deal were not... ...https://www.thehindubusinessline.com/companies/adani-capital-acquires-essel-finances-msme-loan-business/article30623649.ece
In the NBFC space, we have always liked housing finance companies (HFCs) and some of the companies have been performing better. They have been... ...https://economictimes.indiatimes.com/markets/expert-view/why-deven-choksey-continues-to-bet-on-icici-bank-sbi-and-bajaj-finance/articleshow/73471674.cms
'The current crisis is one of incomes, driven by poor job growth, agrarian distress and poor investment sentiment,' notes Harsh Pati Singhania,... ...http://www.rediff.com/money/column/how-to-fight-slowdown-demand-revival-is-key/20200120.htm
The IMF cut its estimate citing a sharper-than-expected slowdown in local demand and stress in NBFC sector. ET Bureau | Updated: Jan 20, 2020,... ...https://economictimes.indiatimes.com/news/economy/indicators/imf-cuts-indias-fy20-gdp-growth-forecast-to-4-8/articleshow/73435183.cms
The NBFC sector has been in turmoil since 2018 after the collapse of infrastructure lender IL&FS. Asked several times, the RBI has refused to play... ...https://www.ndtv.com/business/amid-nbfc-crisis-state-bank-reminds-rbi-of-its-role-as-lender-of-last-resort-2166075
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