RBI releases list of 15 NBFCs in upper layer under scale based regulations
The Reserve Bank of India (RBI) announced on Thursday the names of 15 non-banking financial companies (NBFCs) placed under the upper layer as per scale-based regulation (SBR) for 2023-24.…
Small, mid-sized NBFCs may woo private equity investors
More small and mid-sized non-banking financial companies (NBFCs) are expected to be of interest to private equity firms due to their strong loan growth and improved asset quality. “We expect…
NBFC: Indian NBFCs double fundraising via bonds in five days as bank rate gap widens
Indian non-banking financial companies (NBFC) have raised around 100 billion rupees ($1.21 billion) via bonds in the past five days, double that of the preceding work week, with more such…
Collection efficiency for NBFCs, HFCs at 97-101% in April: Report
The collection efficiency of non-banking finance companies and housing finance companies was in the healthy range of 97-101 per cent in April, according to…