Why India loves a crisis
How the IL&FS fiasco is transforming the face of non-banking finance companies and the ecosystem that supports it.
nbfc
December 2019
October 2019
September 2019
August 2019
July 2019
Muthoot Pappachan Group: Riding out the storm
How the Kerala-based lending and financial services conglomerate weathered the NBFC crisis and emerged unscathed.
The road ahead for NBFCs
Most non-banking finance companies are negotiating choppy waters in the aftermath of the IL&FS crisis. Here’s how to deal with it.
Bears maul Indiabulls on D-Street
Uncertainty over its merger with Lakshmi Vilas Bank and allegations of impropriety against promoters saw Indiabulls Housing Finance stock tank big time.
Sachin Bansal buys NBFC for ₹739 crore
Bansal will become CEO of Bengaluru-based Chaitanya Rural Intermediation Development Services. Operating in 5 states, it lends to small businesses, and provides education and housing loans.
Lenders give Essel more time to repay debt
The Essel Group wanted a time extension to fetch better value for its assets including roads, green energy, and its flagship Zee Entertainment Enterprises.
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.
Finance minister holds review meeting with bankers
FM Nirmala Sitharaman will hold similar meetings with representatives from MSMEs, auto, industry associations, financial market stakeholders, and others to address sector-specific issues.
The RBI can reverse the NBFC crisis
A “voluntary asset quality review” of the top 50 NBFCs will reverse the ongoing crisis.
Weak retail growth worry hits Bajaj Finance
Slowing consumer expenditure and falling demand from small business is beginning to show on Bajaj Finance, considered one of the strongest non-banking finance companies in the business.
