News for 'nbfcs'

Why one needs to be cautious while investing in FY19

Why one needs to be cautious while investing in FY19

Rediff.com4 May 2018

Swati Kulkarni, executive vice-president and fund manager - equities at UTI Mutual Fund tells Puneet Wadhwa that though mid-and small-cap companies are trading at a higher valuation as compared to large-cap peers, one can still find value in select pockets.

Sensex ends higher, Nifty closes above 8,400

Sensex ends higher, Nifty closes above 8,400

Rediff.com19 Jan 2017

Side indices raced ahead with BSE Midcap and BSE Smallcap advancing 0.4% and 0.3% up, respectively.

10 laws that changed how India does business

10 laws that changed how India does business

Rediff.com6 Jan 2020

Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.

Markets end in green on hopes of favourable inflation nos

Markets end in green on hopes of favourable inflation nos

Rediff.com11 Nov 2014

BHEL down around 2.4% and Bharti Airtel down around 1.6% were other major losers.

Can Modi ride the demonetisation tiger?

Can Modi ride the demonetisation tiger?

Rediff.com23 Dec 2016

'The government's principal aim should be to reduce the volume of cash transactions.' 'That would bring more of the Indian economy within the purview of taxation.' 'The current downturn in economic activity due to a lack of adequate cash is likely to be limited to a year,'

Why domestic investment bankers will pocket hefty bonuses

Why domestic investment bankers will pocket hefty bonuses

Rediff.com20 Mar 2018

Bonuses are typically commensurate with deal activity in any given year. Investment banks, on average, pocket 2-3 per cent as fees for managing an IPO and 1.5-2 per cent for handling QIPs.

Sebi warns public against high returns via illegal schemes

Sebi warns public against high returns via illegal schemes

Rediff.com6 Jan 2014

In a public notice, the Securities and Exchange Board of India observed that some companies or entities are illegally mobilising funds from the public by making false promises of exorbitant rates of return under various schemes.

Why the new realty Act will deliver a debt blow to developers

Why the new realty Act will deliver a debt blow to developers

Rediff.com11 May 2017

Slump in realty market to add to woes, debt of top players likely to rise 15-20% this financial year

How UPI v2.0 will change your life

How UPI v2.0 will change your life

Rediff.com22 Aug 2018

For financial institutions, it will be an opportunity to provide better lending options. For instance, customers who pay their overdrafts on time will get access to more credit and probably at a cheaper rate.

Sensex snaps 4-session long gaining streak; telecom stocks hog limelight

Sensex snaps 4-session long gaining streak; telecom stocks hog limelight

Rediff.com30 Jan 2017

In the broader market, the BSE Midcap index bucked the trend to gain 0.3%

Are good days over for Nifty?

Are good days over for Nifty?

Rediff.com7 Feb 2018

Nifty could fall to 9,500 levels; not a good time to bottom fish, say experts

Want to be wealthy? Avoid these simple money mistakes

Want to be wealthy? Avoid these simple money mistakes

Rediff.com15 Jan 2015

Many people like words like wealth creation, equity, SIP, etc. It does not mean they understand the whole process is not so difficult. Neither is it so easy. Here are some mistakes people make with their investments

Sebi tightens norms for mutual funds

Sebi tightens norms for mutual funds

Rediff.com27 Jun 2019

Coming down heavily on MF players who in recent past chose to use shareholder fund to buy out debt of bleeding invested companies, Sebi said MFs can't have standstill agreements with companies and will take action against fund houses for such deals.

E-wallets plan to become more than just digital money providers

E-wallets plan to become more than just digital money providers

Rediff.com4 Jan 2018

With the arrival of new players such as Amazon Pay, Google Tez and Flipkart's PhonePe, digital money companies are now changing their business pitch.

Why loan against property can be risky

Why loan against property can be risky

Rediff.com3 Jan 2018

Most borrowers of loans against property pin hopes on future cash flows from their business, but in case of failure to repay the loan, the lender can repossess the property and sell it.

The 4 factors that will revive India's growth story

The 4 factors that will revive India's growth story

Rediff.com25 Mar 2019

GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.

RBI starts scrutiny of nearly 3,000 private finance companies

RBI starts scrutiny of nearly 3,000 private finance companies

Rediff.com22 Jul 2013

The central bank's move comes against the backdrop of the government efforts to crackdown on entities, that are illegally raising large amounts of money from the public.

Lehman@10: Lessons India failed to learn from the crisis

Lehman@10: Lessons India failed to learn from the crisis

Rediff.com24 Sep 2018

Two successive reports, one by Percy Mistry in 2007 and the other by Raghuram Rajan in 2008 had provided the RBI and the finance ministry with blueprints of what to do next. Both reports, unfortunately, was put on ice. The global meltdown saved the RBI. It also saved the finance ministry from having to work on the two reports.

RBI puts curbs on rural banks lending against gold coins, ETFs

RBI puts curbs on rural banks lending against gold coins, ETFs

Rediff.com25 Jun 2013

Earlier, the RBI had imposed similar restrictions on commercial banks and NBFCs.

Rising rates: What to do about EMIs, FDs...

Rising rates: What to do about EMIs, FDs...

Rediff.com20 Mar 2018

With home loan rates headed north, experts advise how borrowers should cope with their rising liabilities.

Regulators monitoring firms that can crash the financial system

Regulators monitoring firms that can crash the financial system

Rediff.com30 Dec 2013

Indian regulators have identified certain groups as 'financial conglomerates' and they are being monitored closely for any systemic risks they may pose.

Looking to transfer home loan? Read this

Looking to transfer home loan? Read this

Rediff.com23 Nov 2018

If you have availed a home loan from an NBFC, you can shift your existing home loan to a bank and benefit from the MCLR regime, suggests Ratan Choudhary, head - home loans, Paisabazaar.com.

How Chandra plans to tackle the 2 key challenges of Tata group

How Chandra plans to tackle the 2 key challenges of Tata group

Rediff.com24 Jun 2019

At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.

8 golden money lessons to keep your finances healthy through the year

8 golden money lessons to keep your finances healthy through the year

Rediff.com9 Jan 2018

Managing your money in January will set the trend for rest of the year, says Adhil Shetty.

'Certain norms need to change to attract foreign investors'

'Certain norms need to change to attract foreign investors'

Rediff.com13 Jun 2014

The legislation is being implemented by the Corporate Affairs Ministry. Many provisions of the new law came into effect from April 1.

Govt says RBI did not consult it over important decisions

Govt says RBI did not consult it over important decisions

Rediff.com30 Oct 2018

'The PCA framework was revised and tightened in April 2017, but there was no discussion in any board meeting. The government does not know the rationale behind revising the framework and how the RBI arrived at it. Similarly, there was no discussion in the board meeting on the revised NPA framework,' said an official.

Viral Acharya needs a 'Bharat Darshan'

Viral Acharya needs a 'Bharat Darshan'

Rediff.com2 Nov 2018

'Tilting at the Government in English in front of India may make him feel like Joan of Arc, but without a feel for Bharat he will merely be Don Quixote,' says S Muraleedharan, former managing director, BNP Paribas.

PMC Bank Crisis: 'RBI must be more pro-active'

PMC Bank Crisis: 'RBI must be more pro-active'

Rediff.com26 Sep 2019

'What is critical today in India is confidence of depositors.' 'If you have these kinds of problems spreading like this, the confidence level of a lot of people in the system gets shaken.'

Post lockdown: SAVE! SAVE! SAVE!

Post lockdown: SAVE! SAVE! SAVE!

Rediff.com10 Jun 2020

'People can start making a safety net, and that safety net should be at least three months of your monthly salary.' 'If somebody is earning Rs 25,000 then s/he should have at least Rs 75,000 in her/his bank account, so that if anything like this (lockdowns) happens in the future, they are not struggling.'

Want to earn 12%-36% return as a lender?

Want to earn 12%-36% return as a lender?

Rediff.com6 Jun 2018

Lending on peer-to-peer platforms is fraught with higher risks but investors can earn as much as 12% to 36%.

Want an education loan? Read this

Want an education loan? Read this

Rediff.com15 Mar 2019

As education loans are given on a floating-rate basis (and not fixed), one needs to account for probable spikes in the EMI while choosing the loan tenure. Loans are available for up to 15 years, which could lower your EMI and ease your repayment burden, advises Mohan Jayaraman.

March will see govt banks get Rs 46K cr as capital infusion

March will see govt banks get Rs 46K cr as capital infusion

Rediff.com9 Mar 2018

The country's largest lender State Bank of India will get the largest sum of Rs 8,800 crore as government's capital infusion.

In graphs: The grim story of India's bad loans

In graphs: The grim story of India's bad loans

Rediff.com10 Mar 2017

According to the RBI's Financial Stability Report, the industry's gross bad-loan is at a 14-year high. As RBI's March 2017 deadline for banks to clean up soured credit looms closer, Shailajanand Mishra takes stock of just how bad the situation is.

Final norms on small, payments banks by November: RBI

Final norms on small, payments banks by November: RBI

Rediff.com30 Sep 2014

Draft guidelines for Small Banks and Payments Banks were issued by the RBI in July and comments were invited till August 28.

Why GDP growth is likely to slow to 7.2-7.3% in Q2 of FY19

Why GDP growth is likely to slow to 7.2-7.3% in Q2 of FY19

Rediff.com20 Nov 2018

The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.

100 days of note ban: Worst is over for markets

100 days of note ban: Worst is over for markets

Rediff.com17 Feb 2017

Strong MF investments, stemming of FII outflows and positive earnings in Q3 have helped market, say analysts.

DON'T CHEAT while filing IT returns

DON'T CHEAT while filing IT returns

Rediff.com24 Apr 2018

If your case is picked up for random scrutiny, any of the tricks that you or your financial advisor may have used to avoid tax will be easily detected.

Now a Risk Index to gauge corporates' credit history

Now a Risk Index to gauge corporates' credit history

Rediff.com5 Aug 2014

CIBIL provides credit information about individual customer and business entities that helps banks in taking decision on sanctioning credit to any customer.

'We compliment the FM for pro-India Budget'

'We compliment the FM for pro-India Budget'

Rediff.com28 Feb 2015

Gold assets are positive steps.

Is it time to consolidate your loans?

Is it time to consolidate your loans?

Rediff.com9 Jan 2018

If your are hassled with too many EMIs, bring them all under one umbrella and pay a single amount