Banks may, however, assume exposures on a single NBFC / NBFC-AFC up to 15%/20% respectively, of their capital funds provided the exposure in excess of 10%/15% respectively, is on account of funds on-lent by the NBFC / NBFC-AFC to the infrastructure sector. Exposure of a bank to Infrastructure Finance Companies (IFCs) should not exceed 15% of its capital funds as per its last audited balance sheet, with a provision to increase it to 20% if the same is on account of funds on-lent by the IFCs.
The Best American Cities to Work in Tech in 2019 These are the Best and Worst Cities for Tech Jobs in 2019 – Looking for a job in tech?Atlanta and Seattle are your best metro areas for such jobs, according to data from the Bureau of Labor statistics (bls) surfaced by AgileCraft.. Atlanta employed 947.79 tech pros per 100,000 people, topping this list. Sure, 0.95 percent of new hires may not seem like a lot, but it’s tops among U.S. cities!
April 14, 2015 Dear All Welcome to the refurbished site of the Reserve Bank of India. The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.
RBI assures all help to troubled NBFCs; SBI monitoring exposure to sector Trade deficit at 6-month high of $15.4 bn over increasing oil, gold imports More millennials, Gen Zs want to travel than buy home, start family: Report
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ALSO READ: RBI assures all help to troubled NBFCs as SBI monitors exposure to sector In terms of the number of ATMs deployed, India is next only to China. During 2012-2017, ATM deployment grew at.
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RBI is committed to ensuring a robust and well-functioning nbfc sector, said Das. Later in a statement, SBI said the overall quality of the NBFC asset portfolio on its books continues to be good.
The shortfall is linked to losses reportedly topping .0 billion at the troubled US nuclear business, once touted as filling a hole left after the 2011 Fukushima crisis slammed the brakes on new.
Non Banking financial companies (nbfcs) play a crucial role in broadening access to financial services, enhancing competition and diversification of the financial sector. They are increasingly being recognised as complementary to the banking system, capable of absorbing shocks and spreading risks at times of financial distress.
Enhancement of priority sector housing loan limit to Rs 25 lakh may result in this space receiving higher interest from banks. Key beneficiaries would be SBI, HDFC. Currently, NBFCs, who are the.