Tag: nbfcs
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Banks gain competitive edge over NBFCs after RBI measures, says ICICI Prudential’s Anish Tawakley
RBI’s recent monetary and regulatory measures are set to reshape the competitive landscape between banks and non-banking financial companies (NBFCs).According to Anish Tawakley, Co-CIO...
RBI drops proposed restriction on bank-NBFC overlap
In a relief to banks, the Reserve Bank of India has withdrawn its proposal to stop entities within a bank group from undertaking similar...
Large NBFCs, private banks better placed than PSU lenders in coming rally: Manulife’s Rana Gupta
Rana Gupta, Senior Portfolio Manager and India equity specialist at Manulife Investment Management, believes the coming market recovery will be led by consumption and...
Nine NBFCs surrender certificate of registration: RBI
The Reserve Bank on Friday (September 12) said nine Non-Banking Financial Companies (NBFCs), including PhonePe Technology Services and Aditya Birla Finance, have surrendered their...
UBS sees credit growth picking up in second half, NBFCs likely to outpace banks
Vishal Goyal, Managing Director and India Financials Analyst at UBS Global Research, expects the Indian credit system to see 11–12% growth in the second...
