NBFCs better placed to face second COVID-19 wave: Report Mumbai, Apr 12 (PTI) With strong capital and on-balance sheet buffers, non-banking financial companies (NBFCs) are…
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Tag: NBFCs
NBFCs to face fresh challenges due to Covid surge: Analysts
Meanwhile, the extension of the Emergency Credit Line Guarantee Scheme (ECLGS) for SMEs till June 2021 will offer such borrowers further breathing space. India’s non-banking…
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RBI extends priority sector classification for bank loans to NBFCs again
In August 2019, the Reserve Bank of India (RBI) had permitted banks to classify lending to registered non-banking finance companies (NBFCs) as Priority Sector lending…
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