A representative body of non-banking financial companies has requested the central bank to re-evaluate the sharp increase in risk weights assigned to bank loans to NBFCs, according to a letter. -November 23, 2023 at 06:38 am EST
- MarketScreener
Non-banking financial companies (NFBCs) have requested the Reserve Bank of India to reconsider the increase in risk weights for bank loans to NBFCs. The RBI increased these weights by 25 percentage points to 125% on retail loans, potentially reducing credit flow to MSMEs and self-employed sectors.
Shachindra Nath Joins The Board Of FIDC adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
National development bank Sidbi has launched a growth accelerator programme for small non-banking financial companies (NBFCs) to help them qualify for bank funding. The initiative, in partnership with the Finance Industry Development Council and the global alliance for mass entrepreneurship, has selected 18 small NBFCs as the first cohort of the programme.
Sidbi launches programme to help small NBFCs qualify for bank funding yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.