nbfc
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Cars
Vehicle financiers see steady road; margin compression imminent: Report – ET Auto
According to a Motilal Oswal report, impact of the rate hikes on vehicle finance can vary between 30bp and 45bp,…
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Cars
Finance ministry permits state-owned NBFCs to issue letter of comfort – ET Auto
“In view of the foregoing and considering that the CPSE-NBFCs are important players in the infrastructure sector, it has been…
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Cars
Profitability for NBFCs may remain stable despite squeeze in margin – ET Auto
Consequently, their gross spread — the difference between lending rate and borrowing cost — will compress 40-60 bps this fiscal.…
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Cars
TVS Credit aims 25% loan growth this fiscal – ET Auto
“Apart from two-wheeler loans, our focus is going to be on the commercial side because that plays with our long-term…
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Cars
Stressed assets of NBFC-MFIs likely declined to 14% as of end-March 2022: Crisil – ET Auto
Overall monthly collection efficiency was healthy at an average 97-100 per cent in the fourth quarter of last fiscal, the…
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Cars
Banks, NBFCs retain steady growth, likely to continue in FY23: Report – ET Auto
For private banks, the Q4 results saw a positive uptick in asset quality improvement as credit costs and NPA ratio…
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Cars
Mahindra Finance Q4 net up over two-fold at Rs 629 cr – ET Auto
A reduction in GS-3 (gross stage 3 or gross NPAs) led to significant credit cost reversal, it said. New Delhi:…
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Cars
Supply chain finance: Delivering a digital future for MSME – ET Auto
Over the last couple of years, the global pandemic has forced manufacturers to reassess their supply chains. The COVID-19 lockdowns…
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latest updates
Over 65 Lakh Paisabazaar Consumers with Delinquencies Clear Outstanding Debt
Paisabazaar, India’s largest digital marketplace for consumer credit, announced today that its credit awareness initiative has helped a large…
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Cars
RBI removes lending rate cap on NBFC-MFIs, changes microfinance definition – ET Auto
Reserve Bank of India The Reserve Bank of India has removed the interest rate ceiling on loans offered by NBFC-MFIs…
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