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AIF Diktat: RBI may extend deadline for banks, DFIs

Non-banking financial companies (NBFC), however, are unlikely to be provided any relief by the RBI, with industry sources saying the primary goal of the original directive was to de-risk AIF exposures of NBFCs with downstream loan relationships with AIF beneficiaries, and prevent potential evergreening of doubtful advances to struggling corporates. ....

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Reserve Bank Of India: RBI proposes to tighten norms for accepting public deposits by HFCs, ET RealEstate

Reserve Bank Of India: Currently, housing finance companies (HFCs) are allowed to accept or renew public deposits repayable after a period of 12 months or more but not later than 120 months from the date of acceptance or renewal of such deposits, the RBI said in a draft circular, inviting comments by February 29. ....

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Bank First (BFC) Scheduled to Post Quarterly Earnings on Monday

Bank First (NASDAQ:BFC – Get Free Report) is scheduled to issue its quarterly earnings data on Monday, January 15th. Bank First (NASDAQ:BFC – Get Free Report) last released its quarterly earnings data on Tuesday, October 17th. The company reported $1.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.01). […] ....

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