NBFCs gain fresh momentum as RBI eases bank…

[ad_1] The business environment is set to turn favourable for non-banking financial companies (NBFCs), thanks to two recent developments.  On 25 February, the Reserve Bank of India (RBI) eased risk-weight norms for bank lending to…

‘RBI’s loan prepay fee ban to hit NBFCs…

[ad_1] MUMBAI: PNB Housing Finance and Aditya Birla Capital are expected to be among the worst hit by RBI's proposal to remove foreclosure charges on loans to small businesses. Among banks, Axis, IndusInd & Kotak…

Gold loan GNPA up 18% in banks, upper…

[ad_1] The gross non-performing assets (GNPAs) pertaining to gold loans in scheduled commercial banks (SCBs) and Upper and Middle-Layer non-banking financial companies (NBFCs) have increased by 18.14% from March 2024 to June 2024, according to…