Personal finance

Moody’s report also said real estate companies are under significant stress, and tighter funding will further increase stress in the sector.The continuing liquidity crunch facing non-banking financial companies will likely increase bad…
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The private sector lender said the benign commodity prices led companies to rein in expenses while helping them to protect their operating margins.Yes Bankon Friday said it expects the third quarter of the current financial year to…
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The spillover of stress among NBFCs to borrowers, and ultimately to banks, will hinder improvements in banks’ asset quality, profitability and capital, which is credit negative, says a report by Moody’s on Friday.The continuing liquidity…
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Based on the trend over the past six months, the ratings agency expected the securitisation volumes for NBFC-MFIs to cross Rs 30,000  crore during FY20, higher than Rs 26,000 crore in FY19.As conventional sources of funding for NBFC-MFIs…
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It provides banks with a secure and user-friendly way to authenticate cardholders without the use of static passwords, increasing approval rates.Global payments technology major Mastercard has joined hands with Federal Bank to provide an…
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Yes is skating on a thin layer of capital. And that’s scary. Confidence in India’s bad-loan-laden banking system is ebbing.Yes BankLtd.’s latest $2 billion rescue plan was perfect except for one minor detail: Most suitors for the …
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The uncertainty around Yes Bank’s fund-raising programme has begun to stoke concerns around the lender’s ability to continue as a going concern, with at least two analysts now raising the possibility of the bank being taken over by the…
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Incremental cost of borrowings has also increased despite the interest-rate cycle turning south.Growth in assets under management (AUM) of non-banking finance companies (NBFCs) is likely to fall to a decadal low of 6-8% year-on-year…
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Confidence deficit of investors which was initially focused on asset-liability maturity profile has shifted to concerns over asset quality, especially for the wholesale book.Falling growth rates, derisking of loan books and funding…
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Other lenders that reported sharp divergences include Union Bank of India, Indian Bank, Bank of India, Indian Overseas Bank, Central Bank of India, while Yes Bank and Lakshmi Vilas Bank are among private lenders.State Bank of India (SBI)…
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