The two insurance subsidiaries of the crippled mortgage lender Dewan Housing Finance (DHFL) are unlikely to be impacted by the ongoing bankruptcy proceedings of their
Day: December 8, 2019
Tighter RBI norms for ARCs to buy assets – The Financial Express
Asset reconstruction companies (ARCs) will no longer be allowed to bilaterally buy assets from banks or financial institutions (FIs) that they count among their sponsors,
Money lenders, friends, family, not banks the lifeblood for SMEs – The Financial Express
Credit and Finance for MSMEs: Even as Indian MSMEs continue to struggle with access to low-cost credit, a majority 67 per cent of finance supply for
Govt may toss aside corporate critics but there are two things it needs to reflect on–Times of India
Several senior leaders of the government reassured people that there is no need to fear the government, reacting to comments from a leading industrialist who
Delay is deadly: Police must register Zero FIRs–Times of India
It is a situation many readers would be familiar with, where they went to a police station with a complaint only to be told it
NCLT admits Bank of India’s insolvency process against RNA Corp – The Economic Times
The National Company Law Tribunal (NCLT) has admitted Bank of India’s insolvency plea against realty developer RNA Corp. The bank had filed the petition under Section 7
Raghuram Rajan urges scrutiny of NBFCs lending to stressed realty sector | Business Standard News
India’s real estate, construction and infrastructure industries are in “deep trouble,” and non-bank finance companies which lend to these sectors should have their asset quality
