NBFCs to plead RBI to keep Thorat panel norms on holdNon-banking financial companies (NBFCs) will request Reserve Bank of India not to implement draft guidelines based on Usha Thorat Committee report till the time loan growth revives and regulatory changes are made regarding loan recovery. Business Standard, 1 month ago |
Muthoot Finance March quarter net profit falls 6%Total income of the company rose to Rs 1,411 crore in the quarter, from Rs 1,294 crore in the year ago period. For the full financial year ended March 31, the reported a growth rate of 13 percent in net profit to Rs 1004 crore. In the previous ... Moneycontrol.com, 4 days ago
Muthoot Finance profit up 13% in FY13
Hindu Business Line, 4 days ago
Muthoot Finance Q4 net falls 6%; shares drop over 5%
Firstpost.com, 5 days ago
Muthoot Finance profit falls 6%, shares drop over 5%
Indian Express, 5 days ago
|
PAT up 86%, Revenue up 58%, NIS up by 151 bpsLeading asset finance company, Magma Fincorp Limited today announced the Q4 and FY 13 audited results that reflected strong growth in business, revenue and profits despite a sluggish economy. The company registered a whopping 54% growth in revenue ... Press Trust, 1 week ago
Magma Fincorp Q4 revenue up 54%
India Infoline, 1 week ago
|
Magma registers 54% growth in Q4Kolkata, May 9 : Asset finance company, Magma Fincorp Limited Thursday announced the quarter 4 and Financial Year 13 audited results that reflected strong growth in business, revenue and profits despite a sluggish economy. The company registered a ... NewKerala.com, 1 week ago
Asset-financing NBFCs could be hit by slow car sales
Smart Investor, 1 month ago
|
NBFCs urge RBI to relax funding guidelinesMUMBAI: Non-banking finance companies have urged the Reserve Bank of India to liberalise fundraising norms to tide over the tight liquidity situation. Executives of large NBFCs met the RBI governor, D Subbarao, to discuss the challenges facing the ... Economic Times, 1 month ago
NBFCs urge RBI to relax guidelines on securitisation
Economic Times, 1 month ago
|
RBI may not cut repo rate: NBFCsNon-banking finance companies (NBFCs) on Tuesday said the Reserve Bank of India (RBI) is likely to keep its key lending rate intact in the forthcoming monetary policy review, but expect a 0.25 per cent reduction in the cash reserve ratio (CRR). We ... Financial Chronicle, 1 month ago
RBI asked to restore priority sector lending tag for bank loans to NBFCs
Hindu Business Line, 1 month ago
NBFCs say RBI likely to leave repo rate unchanged
Economic Times, 1 month ago
RBI likely to leave lending rate unchanged, say non-banking finance companies
NDTV Profit, 1 month ago
More from: , Moneycontrol.com...and 2 other sources
|
Delays seen in repayment of commercial vehicle loans: CrisilFor the first time in three years signs of weakness are emerging in the performance of commercial vehicle (CV) loans, according to Crisil Ratings. Delinquencies in CV loans are increasing, with monthly collection ratio (MCR) of Crisil-rated CV pools ... Hindu Business Line, 1 month ago
|
L&T Finance Holdings to focus on quality of loans, stable returnshas not just been a blockbuster stock, the company is also expected to be a front-runner in any race for new banking licences. The company has stood out by offering a comprehensive range of financial products and services across the corporate, ... Hindu Business Line, 1 month ago
|
Good governance ensures trust in banks and non-banking financial intermediaries: Anand SinhaFor an economy to perform well and for the financial system to be stable, good corporate governance would be required across all these segments. Regulatory governance refers to control exercised by regulators over firms through statutes, policies ... India Infoline, 1 month ago
Governance in Banks and Financial Institutions - Address of Shri Anand Sinha, Deputy Governor, Reserve Bank of India, delivered on his behalf, at the L & T Management Development Centre, Lonavla on March 19, 2013
Reserve Bank of India, 1 month ago
|
Subbarao to meet bank chiefs to discuss supervisionMUMBAI: governor DuvvuriSubbarao will meet select bank chief executives on Thursday to discuss risk-based supervision in banks, with recent sting operations on some private banks providing the backdrop. The governor will be joined by former deputy ... Economic Times, 2 months ago
|