Search result for NBFCs
GOVT OF INDIA LAUNCHES PM SVANidhi MOBILE APP TO PROVIDE MICRO LOANS TO STREET VENDORS
Highlights
• PM SVANidhi web portal was launched by the Ministry of Housing and Urban Affairs on June 29, 2020
• According to the reports, since July 02, 2020 more than 154,000 street vendors have applied for working capital loan across states/UTs, of which more than...
Banks select NBFCs for disbursement of loans
Mumbai: Banks in India are still hesitant to lend to non-bank financiers more than a year after Infrastructure Leasing and Financial Services Ltd's (IL&FS) defaults, and instead have found ways to circumvent government coaxing to raise lending to shadow banks, two people said, informed of...
India has to do more to ease its credit crunch
According to economists, India desperately needs to find alternatives to the country's credit crunch, which is hitting industries and crippling employment in Asia's third-largest economy.
"The situation needs to be addressed on a priority basis," says Mahesh Singhi, th...
The plan is expectedly giving NBFCs extra lending capacity
Whenever an individual or an organization has to keep its fiancés meet the ends banks are the saviors. The bank is an institution that runs to deal with all the issues that are based on the finances in the country. All the citizens are linked to banks and get benefit from that....
Assets to support NBFCs, HFCs and Realty may stream soon
NEW DELHI: The administration's plans to help restore the hailing economy by supporting nonbanking money organizations (NBFCs) and lodging account organizations (HFCs) and restarting slowed down land ventures are probably going to begin dispensing reserves soon. Money serves Nirmala Sitharama...
RBI and NBFCs
Fintech has taken over the world, and the world has been adapting to these new revolutionary technologies. Meanwhile, in India, the Finance sector has been seen crumbling and will be soon collapsing, which would be very bad for the already slowing economy of the nation. While the world prepares f...
Small finance could help the nation
The finance sector and the banking sector has been failing miserably in the recent times and we think that the nation of India is in desperate need of reforms to change the failing situation of the finances and the major hit has been taken by the small finance firms and we think that these small ...
IBC coverage changing
The finance sector of the nation has been changing rapidly, and the primary factor that has been driving the change in these sectors has been the one that has caused many banks to go bankrupt and face insolvency issues. There has been a significant shutdown in the banking and finance sector of th...
PCEs and NBFCs change the finance scene?
The finances of the nation are failing, and the pressure on the banking systems and some other regulated financial systems is rising, and this is because they have been unable to provide the nation with the finances that they need in order to finance the infrastructure and development of the nati...