All posts tagged "NBFCs"
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577Capital RegulationRBI Announces Broad Measures to Address Covid-19 Financial Stress
The measures include a 3 month moratorium on term loans, deferred interest on working capital loans, $50bn of liquidity measures, and 6-month delays for NSFR, CCB and LEI implementation.
March 28, 2020 -
350Capital RegulationRBI Expands One-Time Restructuring Scheme for MSME Loans
The benefit of one-time restructuring will be extended to include MSME loans in default as of 1 January 2020, with the debt restructuring window also extended to 31 December 2020.
February 11, 2020 -
490Capital Regulation
India Finalises ‘On-Tap’ Licensing Regime for Small Finance Banks
India’s central bank has issued its final guidelines for ‘on-tap’ licensing of small finance banks, doubling the minimum capital requirement to 2 billion rupees.
December 6, 2019 -
238IndiaIndian Exchanges Issue New Framework for Listing Commercial Paper
The listing framework for commercial papers will lead to more transparency, a better disclosure regime and greater investor protection.
November 28, 2019 -
413Capital RegulationMCA Releases Interim Rules for Handling NBFC Insolvency
The framework will serve as an interim mechanism to deal with any urgent situation at systemically important NBFCs, pending the introduction of a full resolution framework.
November 20, 2019 -
542Fintech / Regtech
RBI Orders Banks, NBFCs to Restrict Access to Credit Data
Financial institutions in India are known to be giving fintech firms and institutional agents direct access to data from credit bureaus, without customer consent.
September 24, 2019 -
240Capital Regulation
RBI Increases Bank Exposure Limit to NBFCs
The move aligns bank exposure limits for NBFCs with limits applicable for other types of counterparties, but Fitch says it is unlikely to lead to significant credit flows to the sector.
September 18, 2019 -
405Capital Regulation
RBI Proposes New Rules for Small Finance Bank Licensing
Under the new guidelines, payment banks, NBFCs, microfinance institutions and local area banks will be able to convert into small finance banks.
September 16, 2019 -
502India
RBI Task Force Urges Development of Secondary Market for Loans
The task force recommends easing rules for loan asset securitisation, and to allow secondary market participation from funds and insurers.
September 5, 2019 -
433Capital Regulation
RBI Props Up NBFCs Through On-Lending Guidance
Banks are mandated to lend a portion of their funds to priority sectors. Allowing NBFCs to serve as middlemen for such lending provides them a liquidity backstop.
August 14, 2019
