India has witnessed foreign fund outflows of about Rs 83,000 crore this year, ballooning their total equity sell-off in October to over Rs 17,000 crore.

The asset under management of the industry declined 12.5% to Rs 22.06-lakh crore at the end of September against Rs 25.20 lakh crore in the month-ago period.

Rakesh Jhunjhunwala has notched up big notional losses in portfolio stocks, especially in the midcaps space.

Going by the past 17 trading sessions, the bears are now out roaring. The BSE Sensex has dived 6% since August 29, when it hit a peak of 38,989.65.

The stock closed 23.49% or 92 points lower on BSE today on continuous liquidity concerns in the NBFC sector. It touched a low of Rs 260.10 or down 33.82% in trade today.

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Financial market regulator Sebi is reportedly examining sharp movement in shares of Dewan Housing Finance Corp. Ltd (DHFL), Yes Bank Ltd. and other lenders for possible trading irregularities.

While the Sensex closed 536 points or 1.46% lower to 36,305, the Nifty lost 175 points or 1.58% to trade at 10,967 level. This is the weakest closing since July 11 when it settled at 36,265.93. The Sensex has lost 1,249.04 points in the previous four sessions.

Assuring lending support to non-banking financial companies, SBI Chairman Rajnish Kumar on Sunday said there was no concern on liquidity of such firms, amid ongoing debt crisis in IL&FS Group.

IMD in its second stage forecast issued on May 30 predicted 101% rainfall for July and 94% rainfall in August, bringing joy to farmers as these are the most important months for the production of kharif crops.

With new players ready to fund both traditional and offbeat courses, securing the right loan will no longer be a daunting task.

Kapil Wadhawan has built a large financial services empire by serving people at the bottom of the pyramid.

So far four Indian issuers have sold a combined Rs 7800 crore ($1.18 billion) of the debt. Non-resident Indians (NRIs) living in financial centres such as Hong Kong and Singapore are ideal target investors as they are comfortable with rupee debt.

Of the total borrowings, that were carried both through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs), $845.72 million were raised via approval process while rest of $472.69 million came through the automatic route.

The stock fell after the mortgage lender joined the rate cut war with bigger rivals by slashing its lending rate to 9.55 per cent to new borrowers for a limited period.

Realty firm DLF has completed sale of its 74 per cent stake in the joint venture DLF Pramerica Life Insurance to Dewan Housing Finance for an estimated Rs 250-300 crore.

Managing Director and CEO Rana Kapoor says that since 2010, the bank's largest investment has been in retail, both in terms of people as well as products and services. Kapoor calls this YES Bank version 2.0.

Jhunjhunwala purchased the shares of DHFL through the open market route, according to information available with the stock exchanges.