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Source: Live Mint He said asset allocation preferences are evolving, with equity accounting for up to two-thirds of portfolios and a growing appetite for alternative investment funds (AIFs) and private equity. Papneja said, “We believe that investments in AIFs and private equity will continue to grow, driven by their potential for diversification and higher returns”….
Source: Live Mint Non-banking finance company (NBFC) stocks have been hammered by Dalal Street investors in recent weeks, following a mixed performance in the September quarter (Q2FY25). This was driven by a moderation in year-on-year disbursement growth due to a slowdown in unsecured loans (personal, credit cards, MFI) amidst asset quality concerns and regulatory actions….
Source: Live Mint The Reserve Bank of India (RBI) has identified significant gaps in gold loan disbursement practices, prompting major changes in the sector. Lenders are now shifting from traditional bullet repayment options to monthly Equated Monthly Instalments (EMIs) and term loans to address regulatory concerns, as per a report by Times of India. On…
Source: Live Mint Mumbai: The Nifty snapped a three-day losing streak on Friday, but posted the longest weekly losing streak of this year on relentless selling by foreign institutional investors (FIIs), who have flocked to China beginning late last month chasing a stimulus-led recovery in the world’s second -biggest economy. Analysts expect the intense battle…
Source: Live Mint Following three months of positive but muted returns, brokerage Equirus Capital has initiated coverage on NBFC stock MAS Financial Services with a ‘long’ recommendation and a target price of ₹401, indicating an upside potential of over 38 per cent. “We believe MASFIN has the perfect elements (promoter pedigree, stellar asset quality track…
Source: Business Standard 2 min read Last Updated : Oct 09 2024 | 8:12 PM IST The Reserve Bank of India (RBI) on Wednesday said that banks and non-banking financial companies (NBFCs) cannot levy foreclosure charges or pre-payment penalties on floating rate term loans sanctioned to Micro and Small Enterprises (MSEs). A draft…
Source: Business Standard Reserve Bank is closely monitoring the incoming information and will take measures, Das said. (Photo: Shutterstock) 2 min read Last Updated : Oct 09 2024 | 11:24 AM IST In a stern message to non-banking finance companies (NBFCs) aggressively pursuing growth without sustainable business practices and robust risk management frameworks, Reserve…
Source: Live Mint A robust quarter-on-quarter (QoQ) growth of 7.9% (28.7% annualized) in home loans outstanding supports this trend, and expected rate cuts are likely to further boost growth. View Full Image (Home Loans) As a result, most listed housing finance companies have seen a significant re-rating in their price-to-book (P/B) ratios, a common valuation…
Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 7:56 PM IST Private sector banks offloaded loans worth Rs 21,000 crore through securitisation deals in the second quarter ended September 2024 (Q2 FY25) to generate funds amid intense competition for deposits. This will also help to improve the credit-deposit (C/D)…
Source: Business Standard 2 min read Last Updated : Oct 03 2024 | 11:06 PM IST After micro-loans exhibited pressures from the second half of FY24, the unsecured business loans (UBLs) segment has now started showing early signs of stress, possibly due to continuing strain on cash flows in certain end-borrower segments and on-field…
