Financial Companies News

Industry

NBFCs’ gross bad debt increases to 6.1% in September

NBFCcrisisunderscores need for greater prudence in risk-taking, says Shaktikanta Das

1 min read31 Dec 2018
Companies

Genpact’s Pramod Bhasin: Generating global impact

The founder of Genpact talks to 'Mint' about building businesses, the importance of non-banking financial companies in achieving financial inclusion, and pioneering the BPO industry in India

8 min read21 Dec 2018
Market

Liquidity crisis, slump in valuations may hit NBFC funding plans

Given that short-term liquidity is being pulled out of the market, NBFCs that are very heavily funded by short-term papers will see an impact

2 min read16 Oct 2018
Industry

India Post Payments Bank to offer loans, MFs and insurance through third party tie-ups

India Post Payments Bank to sell some of Punjab National Bank products, has partnered with Bajaj Allianz for insurance and will be looking for more partners

1 min read8 Aug 2018
Industry

RBI cancels licences of 368 NBFCs in first half of 2018

RBI's move to cancel NBFC licences is being seen as an attempt to clean up the sector, which has more than 11,402 entities, of which 222 are non-deposit taking

2 min read8 Aug 2018
Market

Is corporate capex back? And is the twin balance sheet problem getting solved?

The restraint on corporate borrowing has led to an improvement in the financial position of companies, an example of which is the rise in their interest cover

1 min read11 Jun 2018
Industry

NBFCs step up hunt for top-level executives

With business models of NBFCs changing, the demands on top hires are also changing

3 min read21 Mar 2017
Market

Sensex seen at 32,000 by end of December in investor survey

The S&P BSE Sensex index will climb almost 8% to 32,000 by the end of December from 29,648.99 on Friday, according to a median estimate of eight traders and investors

1 min read20 Mar 2017
Opinion

Banks are ill, long live NBFCs

Most public sector banks have bloated bad loans and very few of them are actually growing the loan books

5 min read1 Aug 2016
Industry

RBI cancels registration certificates of seven NBFCs

Four NBFCs have their offices in Kolkata, while the other three are in New Delhi

1 min read17 Aug 2015
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