RBI to issue consolidated norms for forex loans, masala bonds by month end; key things to know – The Financial Express

In a bid to consolidate the regulations pertaining to borrowing and lending transactions of resident Indians as well as others the Reserve Bank of India (RBI) will issue consolidated norms for forex loans as well as masala bonds. The RBI will also issue draft directions for allowing non-resident Indians access to the Rupee Interest Rate Derivatives (IRD) market in India for non-hedging purposes.In a bid to consolidate the regulations pertaining to borrowing and lending transactions of resident I...
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NBFCs’ AUM growth may fall by half, says Crisil – The Financial Express

Experts believe the asset quality of retail loans is resilient, but the NBFC’s non-retail book has to be monitored for potential stress.NBFCs are breathing easier in commercial paper (CP) market with close to Rs 1.5 lakh crore worth of CPs issued by them estimated to have been rolled over or redeemed in November.Despite the liquidity crisis easing out for NBFCs, the growth in assets under management is expected to fall by half to 9-10% in the second half of the ongoing financial year, according ...
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