All posts tagged "NBFCs"
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244Capital RegulationRBI Directs Banks Not to Declare Dividends for FY2020
Due to ongoing stress and heightened uncertainty amid the Covid-19 pandemic, the RBI wants to ensure banks can continue to conserve capital and support the economy.
December 7, 2020 -
330Capital RegulationRBI Working Group Proposes New Rules on Bank Ownership
The RBI working group suggests corporates be allowed to own up to 26% of banks, and NBFCs be allowed to convert to a banking licence.
November 24, 2020 -
532India
RBI Allows Banks, NBFCs Added Co-lending Flexibility
The new Co-Lending Model permits banks to co-lend with all registered NBFCs, providing greater operational flexibility to lenders and lowering borrower costs.
November 9, 2020 -
398India
RBI Instructs Lenders to Repay ‘Interest on Interest’ to Borrowers
Interest charged on interest for certain loans will be repaid by lenders under a government scheme, regardless of whether the loans were under moratorium.
November 3, 2020 -
729Capital Regulation
RBI Issues Framework for Covid-related Loan Restructuring
The framework sets out sector-specific floor and ceiling thresholds for five financial ratios that lenders mandatorily have to consider when restructuring loans.
September 9, 2020 -
747Capital Regulation
RBI Adopts New Measures to Ease Covid-19 Financial Stress
A new resolution framework will allow banks to continue to maintain the ‘standard’ classification for corporate borrowers in resolution rather than downgrade the account, among other measures.
August 7, 2020 -
887India
RBI Asks Banks, NBFCs to Adopt New Classification Norms for MSMEs
Banks and NBFCs have to classify enterprises as micro, small or medium based on new thresholds for turnover and investment in plant and machinery or equipment.
July 3, 2020 -
530Capital RegulationIndia Approves Special Liquidity Scheme for NBFCs
An SPV back by State Bank of India will buy investment-grade debt paper with residual maturity under three months to provide NBFCs and HFCs liquidity to settle existing debt.
July 2, 2020 -
1.3KFintech / Regtech
RBI Issues Guidelines on Use of Digital Lending Platforms
Digital lending platforms often do not disclose the name of the bank or NBFC providing the loaned funds. Under the new rules they will have to.
June 26, 2020 -
1.0KCapital Regulation
RBI Unveils Regulatory Framework for Housing Finance Companies
The new framework introduces enhanced capital and liquidity requirements for HFCs, and restrictions on intra-group exposures, among other changes.
June 20, 2020
