On November 2, RBI had allowed banks to provide PCE for debt raised by non-deposit-taking systematically important non-banking financial companies and housing finance companies

The RBI recently allowed banks to give partial credit support to NBFC bonds.

The Reserve Bank of India (RBI) today cancelled certificate of registration of 65 NBFCs through two separate notifications for unspecified reasons.

RBI has paid over Rs 50,000 crore every year with the exception of demonetisation year, when its income fell and expenditures rose because of printing of notes etc.

The Board of Directors approved equity infusion up to Rs 150 Cr in its subsidiary Asirvad Micro Finance Ltd, which has paid up capital of Rs 42.56 crore with a turnover of Rs 437.25 crore.

PNB Housing Finance posted a jump of 33% in consolidated net profit at Rs 252.99 crore in the second quarter ended September 2018

The government has asked the RBI for a dedicated liquidity window for these lenders similar to one allowed for the entire Indian financial sector during the 2008-2009 global financial crisis.

Dewan Housing Finance Corporation (5.16%), Indiabulls Housing Finance (6.04%), Reliance Home Finance (3.13%), Gruh Finance (2.02%), VLS Finance (1.06%), Reliance Capital (1.33%), PNB Housing Finance (1.01%), and LIC Housing Finance (2.36%) were the major losers in the sector.