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Saurabh Garg
September 13, 2019
The NHB directive advises housing finance companies to avoid extending loans to under-construction projects that are already using subvention schemes


Nevin John
September 12, 2019
\"The government should boost public spending for the revival of the economy. A good monsoon will revive economic activities in the rural market, while the bank recapitalisation will enhance liquidity,\" said Seshagiri Rao, Joint Managing Director & Group CFO, JSW Steel


BusinessToday.In
September 11, 2019
\"So if I take a photograph called India, it is always challenging. If I look at a movie called India - and I am looking at it from the lens of an entrepreneur over the last 30-35 years - it's an exhilarating journey,\" Kotak said


BusinessToday.In
New Delhi, September 9, 2019
DHFL shares gained as much as 10.20 per cent to hit an intraday high of Rs 51.30 apiece against the previous close of Rs 46.55 on the BSE. In the last 15 days, the stock has gained as much as 30 per cent


PB Jayakumar
New Delhi, September 9, 2019
Analysts say the strike is unlikely to have a big impact on Muthoot's business as Kerala now contributes only 4 per cent of its loan book, 12 per cent of employees and 15 per cent of nationwide branch network.


T V Mohandas Pai
New Delhi, September 9, 2019
The most important thing to do now is not to shock the system, give confidence to the industry, bring liquidity into the system and reduce interest rates.


Rukmini Rao
September 6, 2019
Like other industry players, Harshvardhan Lunia, Cofounder and CEO, Lendingkart, says they are in a wait-and-watch mode to see if the rate cut transmission from banks would actually translate into anything meaningful


Reuters
New Delhi, September 4, 2019
RBI's task force also recommended easing rules around the securitisation of loan assets and permitting wider participation from funds and insurance companies in trading these securities, says the central bank


Anand Adhikari
Mumbai, September 4, 2019
The NBFC arm of the Bajaj Group has managed to raise over Rs 6,000 crore via debentures during the most difficult times for the NBFC sector


Rashmi Pratap
New Delhi, September 2, 2019
Corporate India's interest outgo is growing faster than its operating income. As sectoral issues combine with a slowdown to pull down earnings, servicing debt could become more challenging


BusinessToday.In
New Delhi, August 30, 2019
DHFL board also approved a proposal to increase the authorised share capital of the company from Rs 828 crore to Rs 1,090.39 crore


Prasanna Mohanty
August 30, 2019
Gross NPAs of the PSBs stood at Rs 8.06 lakh crore on March 31, 2019, even after a sum of Rs 3.12 lakh crore was written off between FY15 and FY18; credit growth was a mere 9.6% as against 13.2% for the SCBs


BusinessToday.In
August 30, 2019
ICRA share price fell almost 5% in Friday's trading session after the rating agency terminated the employment of managing director and chief executive officer Naresh Takkar.


BusinessToday.In
August 29, 2019
ICRA stated that it will begin searching for Takkar's replacement. Vipul Agarwal, who was appointed as the interim COO on July 1, 2019, remains responsible for the day-to-day operation of the Company until a CEO is appointed


BusinessToday.In
August 28, 2019
In a recently released report, S&P Global Ratings claimed that the asset quality and growth of India's banks are likely to remain under stress due to the fragility in financial markets, rising risk aversion, and weakness in some highly leveraged corporate sectors


BusinessToday.In
August 25, 2019
Four of the biggest NBFCs papers- Indiabulls Consumer Finance, JM Financial Credit Solutions, Manappuram Finance and Srei Infrastructure were under-subscribed by 73-80% between September 2018 and June 2019.


PTI
August 23, 2019



PTI
August 23, 2019
The key attraction of the show, to be hosted at Zhukovsky near Moscow between August 27 to September 1, will be Russia's fifth-generation stealth fighter Sukhoi Su-57E, which will be unveiled


PTI
August 22, 2019
ED officials had prepared a questionnaire for him to get a fair idea of the financial transactions, the official said. They allowed Raj to leave after recording his statement in the case, the official said


PTI
August 22, 2019
The move would benefit the pensioners who had opted for commutation and got a lump-sum amount at the time of retirement before 2009


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