POS devices are fast evolving and coming to some exciting everyday uses, and helping merchants manage their store operations efficiently. By Nitish Asthana For India’s small and medium-sized businesses, cash …
Tag:
NBFCs
-
-
RBI has extended the dispensation of enhanced HTM of 22% up to March 31, 2023, to include securities acquired between April 1, 2021 and March 31, 2022. The Reserve Bank …
-
In the absence of lower threshold limits, NBFCs had to file cases at civil courts for recovery. Finance minister Nirmala Sitharaman has proposed to lower the threshold for non-banking financial …
-
The broader markets led the decline with the Nifty Midcap 100 falling as much as 2.12%. Equities declined on Monday for the second straight session, with the Sensex declining 470.4 …
-
Any discussion on a bad bank must happen between the government and private players, and the RBI will consider such a proposal once presented with it, he said in response …
- Finance
Interview| We need both NBFCs and banks to grow: Rashesh Shah, chairman and CEO, Edelweiss Group
Rashesh Shah, chairman and CEO, Edelweiss Group Non-banking financial players have hurtled from one crisis to another. Rashesh Shah, chairman and CEO of Edelweiss Group, in an interview with Malini …
- Finance
RBI’s new draft on dividends to make NBFCs balance sheet strong, create surplus for fresh loans
As the risk profile of NBFCs is changing at a fast pace, there was a need for a regulatory framework for dividend declaration. RBI’s latest draft on the declaration of …
-
The asset quality of the NBFC sector deteriorated as slippages rose in FY20. However, efforts were made by NBFCs to clean up their balance sheets, as reflected in their written-off …
