shall automatically flow ... of NPA i. Recognition of individual loan assets in the portfolio as Non-Performing Asset (NPA) and consequent provisioning shall be the responsibility of the RE as per the ...

While this provisioning requirement is higher than current norms, Crisil does not anticipate a major hit to NBFCs’ profitability, due to their strong pre-provisioning buffers. In a further ...

Markets regulator Sebi has simplified the operational process and provided clarity on cash flow disclosure in the corporate bond database after a review of the Request for Quote (RFQ) Platform ...

Moreover, if LTV is breached for a continuous 30 days, the lender has to make an additional one per cent standard asset provisioning ... prospects of gold-loan NBFCs as they will have to ...

He added that the tweaked LTV norms will place NBFCs at a disadvantage in terms of pricing, forcing customers to go back to the unorganised money lenders. Last month, the Reserve Bank of India ...

MUMBAI: The recent draft RBI directions on loans against gold collateral are set to hit the asset growth of pure-play gold loan companies. The directions are aimed at harmonizing the regulatory ...

On the other hand, the additional provisioning for LTV breaches, although higher than at present for Gross Stage 1 assets maintained by most NBFCs, is unlikely to have a significant impact on ...

The Department of the Air Force’s process for determining if airmen and Space Force guardians should receive medical waivers for shaving is about as indecipherable as the infamous flow chart ...

co-operative banks and Non-Banking Financial Companies (NBFCs) to adopt various strategies to comply with the norms, which restrict the closure of gold loans within 12 months. Under the new norms ...

This provision was proposed even in case of normal loans showing signs of stress. Many lenders and infra developers opposed this approach. Banks warned that the blanket rule could lead to costlier ...

RBI's draft guidelines on gold loans are poised to moderate the asset growth of NBFCs, particularly concerning LTV ratios and bullet loan renewals. Crisil's report indicates that stricter LTV ...