nbfc

August 2019
RBI cuts repo rate to arrest slowdown

RBI cuts repo rate to arrest slowdown

The 35 basis point repo rate cut is not the first unconventional rate action from the central bank as two repo rate actions in March 2003 saw a 40 and 10 basis points reduction in a matter of 13 days.

July 2019
Short-term relief for NBFCs

Short-term relief for NBFCs

The government’s partial credit guarantee on asset purchases does not address investors’ long-term concerns about the sector’s exposure to stressed real estate: Fitch Ratings.

DHFL: In search of a breather

DHFL: In search of a breather

DHFL, India’s second-largest housing finance company, has been living with rating downgrades and strategic divestments to overcome the liquidity crisis following the IL&FS saga.