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‘NBFCs are playing a critical role in the nation building’
The RBI norms for unsecured retail loans being given by NBFCs are a positive development that will help to promote financial stability and consumer...
RBI hikes risk weights for personal loans, credit cards to 125%, 150%
This increase in capital requirements is expected to dampen the enthusiasm of lenders to extend personal loans and credit cards
Strong signalling impact to deter growth in consumer credit
There has been a sharp growth in unsecured lending in the past few years and the unsecured personal loan portfolio of the banking system has more than...
RBI new norms will hit banks’ CAR: S&P
New Delhi: The Reserve Bank’s decision to tighten norms for consumer credit by raising risk weight for unsecured personal loans is likely to hit...
Sensex, Nifty decline on sell-off in banking, financial stocks
Shares of bank and NBFC firms fell after the Reserve Bank tightened norms for consumer credit
Capital fuels credit growth of medium and small-sized NBFCs
ICRA expects the assets under management (AUM) of medium and small (M&S) non-banking financial companies (NBFCs), defined as those with AUM of up to...
Unsecured loans causing anxiety
These loans are almost always in the Retail segment, granted to individuals, and have the potential to become NPAs in a short time in the event of...
Hopes high on banking sector logging good credit growth this fiscal
RBI expects higher demand for loans from mining, infrastructure and personal/retail sectors