Banks To Post Better Performance In FY20
Outlook for lenders improving on reduction in stressed loans and improving profitability Read more
Axis AMC Raises ₹400 Cr Via Realty Fund
Investors in the fund include the AMC sponsor, domestic institutions, and high net worth investors Read more
Will Banks Act Proactively To Deal With Stressed Assets Or Kick The Can Down The Road?
The sword of Damocles hanging over banks’ heads has been done away with, thanks to the Supreme Court’s ruling that h... Read more
Supreme Court Strikes Down RBIs Feb 2018 Order On Stressed Assets
Relief for power firms facing insolvency; trouble for lenders seeking debt recovery Read more
Rating Agencies See Further Delay In Resolution Process Of Stressed Assets
But genuine borrowers now have more time for resolution Read more
RBI To Conduct Dollar/Rupee Buy/sell Swap For $5 Bn On April 23
Following enthusiastic response to its US Dollar/Indian Rupee Buy/Sell swap auction of 3 years tenor for $ 5 billion on ... Read more
Supreme Court Order On Stressed Assets May Delay Debt Resolution Process: ICRA
The Supreme Court's decision to scrap the Reserve Bank of India's February 12 circular will delay the ongoing debt resol... Read more
Karnataka Bank In Pact With Bharti AXA
Karnataka Bank has entered into a memorandum of understanding with Bharti AXA Life Insurance Company to distribute the... Read more
Manappuram Finance Signs MoU With Autolite India
Under this MoU, Manappuram Finance will provide loans to customers and inventory funding for dealerships Read more
AUM Of Retail NBFCs Saw Sharp Slow Down In Growth In Q3 FY19
Growth slows to 3.3 per cent, which is the slowest in the last 10 quarters, says ICRA Read more
IndoStar Completes Acquisition Of IIFLs CV-financing Biz
With this acquisition, the company said the mix between retail and wholesale stands at 62:38 Read more
Banking Services Will Be Hit If Officers Take Up Election Duty
With bankers being asked to take up election duty, trade unions are worried about branch operations getting affected. D... Read more
RBI Injects Rupee Liquidity Via Forex Swap Auction
The ₹34,561 cr generated could be used to support credit growth Read more
Ahead Of Elections, Enforcement Agencies Swing Into Action To Curb Illegal Cash Flow
CBIC also asks officials to keep a close tab on the illicit movement of goods Read more
Policybazaar Expects Motor Insurance Policies To Drive Growth
Aims to more than double sales on rise in online purchase/claims settlements Read more