[ad_1] Non-Banking Financial Companies (NBFCs) play a crucial role in India’s financial ecosystem by providing diverse financial services and catering to sectors often underserved by traditional banks. However, with this expanded role comes a heightened responsibility to comply with stringent regulatory norms set by the RBI. Failure to adhere to these regulations can result in […]
What’s driving the boom in India’s gold loan market? – CNBC TV18
[ad_1] Gold rates surged to a record high of $2,580.81 per ounce on September 16, driven by a weaker dollar and expectations of deeper interest rate cuts in the US. So far in 2024, gold prices have risen nearly 23%, with a 35% increase over the past year. One of the key beneficiaries of this […]
How alternative lending is transforming financial inclusion – CNBC TV18
[ad_1] In today’s rapidly evolving financial landscape, access to credit is no longer confined to those with traditional banking histories. Alternative lending options from non-banking financial companies (NBFCs) are opening doors for underserved populations. Here’s how these solutions are changing the game: Vikkas Goyal, Founder of Rupee112, stresses the impact of NBFCs. “In an increasingly […]
Market looks exhausted, needs a 5-7% correction, says market strategist – CNBC TV18
[ad_1] The market has come to a point where the short-term studies are not in sync with the price action anymore. Therefore, the market needs a 5-7% correction, according Gautam Shah, Founder & Chief Strategist at Goldilocks Premium Research. He believes the market is looking exhausted as the up days are not as strong in […]
Margin pressures, credit access challenges mount for NBFCs amid tighter liquidity – CNBC TV18
[ad_1] India’s Non-Banking Financial Companies (NBFCs) are facing increasing challenges as tightening liquidity conditions intensify margin pressures and restrict access to credit, especially for smaller and mid-sized players. This was the sentiment echoed by the panellists from India’s top NBFCs at the CNBC TV-18 Banking Transformation Summit. The experts suggested that while the larger NBFCs […]
Bernstein analyst shares top banking picks – CNBC TV18
[ad_1] Pranav Gundlapalle, Senior Analyst at Bernstein shared his top picks in the banking sector with CNBC-TV18. His top bets are HDFC Bank and IndusInd Bank followed by Axis Bank, ICICI Bank, State Bank of India (SBI) and Kotak Mahindra Bank. Also Read | PM Modi highlights India’s fintech prowess at Global Fintech Fest 2024 […]