With increased risk weights and exposure reaching sectoral limits, bank direct lending to non-banking finance companies (NBFCs) in the country is expected to be Rs 1.7-1.9 trillion in the next financial year (FY25), according to rating agency ICRA. The incremental direct bank lending to NBFCs was Rs 1.61 trillion in the 10-month of… Continue reading Bank direct lending to NBFCs to moderate at Rs 1.7-1.9 trn in FY25: ICRA | Finance News
Tag: NBFCs
NBFC’s mission to diversify funding may see them struggle in the quest | Finance News
In 2009, Tata Capital’s Rs 500 crore bond issue was subscribed a tad over six times; the non-banking financial company (NBFC) retained Rs 1,500 crore. “We feel such bonds will become an instrument of choice for investors and other corporates, leading to the development of a strong corporate bond market,” said Praveen P Kadle,… Continue reading NBFC’s mission to diversify funding may see them struggle in the quest | Finance News
When P2P platforms behave like deposit-taking NBFCs
Before it is too late, RBI should come down on practice of renting out the P2P licence and play of fund managers by some of them instead of offering a meeting platform to the borrowers and the lenders Source link