RBI relaxes concentration limits for banks lending to NBFCs, HFCs

RBI relaxes concentration limits for banks lending to NBFCs, HFCs

He elaborated that the RBI has relaxed the concentration limits of banks for lending to individual NBFCs and HFCs, with this limit being increased from
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Lending to the population reaches 40% – NBU

“In 2018, the pace of lending grew very fast. The growth rate was about 40% year-on-year. This trend began in early 2017, and we expect that next
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Greenworks Lending Completes Its Second Rated Securitization of Commercial PACE (C-PACE …

This is the second rated securitization of solely commercial PACE (C-PACE) assets by Greenworks Lending since it opened the market for the
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CUNA Mutual buys fintech startup Mirador

Mirador's digital-lending platform allows banks and credit unions to make decisions on loans within 24 hours. The acquisition of the Portland, Ore.,
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Over $6000 raised for The Lending Cupboard by 100 Men Red Deer

It was an exciting night Monday for The Lending Cupboard Society of Central Alberta as they were the chosen recipient to receive a charitable
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Risks of tighter lending flagged by economists

“While tighter lending rules will hasten the decline of prices in the short term, they should be beneficial to overall stability in the long term. You could
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Analyzing Lending Practices Under CRA

Nonbanks tend to lend more to LMI borrowers than banks that fall under the CRA regulations, according to an analysis by the Urban Institute.
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Members of the Travelling Community in Coolock have been buying trolleys of food to help the …

Eventually, A Lending Hand found that they were being contacted by families across Coolock who were struggling to put food on the table, so they
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Lawmakers join opposition to SBA poultry lending plan

The SBA, as of Tuesday, had received nearly 200 comment letters from poultry producers, farm appraisers and lenders, all decrying a plan to amend
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US Small Business Lending Back on Track, According to PayNet

CHICAGO–(BUSINESS WIRE)–Dec 5, 2018–Small business lending resumed double-digit growth while credit quality remained strong in October,
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CUNA Mutual announces acquisition of Mirador

based Mirador, a financial technology startup company that delivers a digital small business lending platform. CUNA Mutual Group became a minority
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The key to unlocking bank efficiency: Automating commercial lending

Streamlining that “last mile” in commercial lending between the end of negotiations and funding can transform the efficiency of banking operations.
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FDIC Encourages Small-Dollar Lending in New RFI

The Federal Deposit Insurance Corporation (FDIC) has signaled renewed interest in small-dollar lending. In a new Request for Information (RFI), the
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What does MGM have planned for Empire City Casino as Yonkers purchase nears?

But with Empire City, MGM gives itself the closest gambling operation to New York City and will compete with Resorts World, which owns the largest
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Starwood appoints Rothauser to lead its transportation, infrastructure and energy lending business

Starwood Capital Group has named Armin Rothauser to lead its transportation, infrastructure and energy lending business. Previously, he was a
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