Monthly Archives: December 2019

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RBI discusses policy structure for NBFCs

The RBI central board on Friday discussed policy framework for cooperative banks, NBFCs, current economic situation and domestic and global challenges. The board's discussions focused on issues related to urban cooperative banks, extension of enforcement policy and framework to cooperative banks and NBFCs, the RBI said in a statement. "The

By |2019-12-16T16:59:54+05:30December 16th, 2019|Design, Web Design|0 Comments

Fortunes turning for NBFCs, shows health check

The fortunes of India’s shadow banks are showing tentative signs of recovery, indicating that a prolonged credit crisis may be beginning to ease. Two of four indicators compiled by Bloomberg that reflect the state of non-bank financial companies strengthened last month from October. A measure of top-rated five-year bond spreads got better, showing that shadow lenders’ borrowing costs

By |2019-12-13T14:33:48+05:30December 13th, 2019|Creative, Design|0 Comments

RBI governor Says low rate funds for performing NBFCs

Reserve Bank Governor Shaktikanta Das on Thursday said the market had differentiated between the good and not-so-good non-banking financial companies (NBFCs) and the better-performing firms were able to access funds at pre-IL&FS rates. Currently, “good NBFCs” are able to raise three months commercial paper (CP) at 5-6 per cent interest rate, but the not-so-good

By |2019-12-10T15:51:49+05:30December 9th, 2019|Accounting Services, Company Formation in India, Company Incorporation, Company Registration in Hong Kong, Design, Technology|Comments Off on RBI governor Says low rate funds for performing NBFCs