With regard to health of the shadow banking sector, Governor Das said RBI has been monitoring the top 50 NBFCs very closely

Stocks to watch today on February 19: YES Bank, Tata Power, Vodafone Idea, Bharti Airtel, IDFC First Bank, HDIL among others are the top stocks to watch out for in Wednesday's trading session

Provisions seeking independence of board members have been tightened. Can the companies catch up?

Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long

The state-run LIC has exposure to companies such as Dewan Housing Finance Corp Ltd (DHFL), Infrastructure Leasing and Financial Services (IL&FS) and Anil Ambani's Reliance Group

Sebi said the default by IL&FS occurred due to \"lethargic indifference and needless procrastination and laxity\" of these rating agencies

The Board's discussions focussed on issues related to urban cooperative banks, extension of Enforcement Policy and Framework to cooperative banks and NBFCs, the RBI said in a statement

The offshore route will allow better-placed NBFCs to further diversify funding sources after fairly volatile domestic liquidity conditions over the past year

In October 2018, the government seized control of the debt-trapped company and superseded its board led by Uday Kotak as the chairman

Stocks in the news: Bharti Airtel, Ashok Leyland, IL&FS, Artson Engineering, Vaibhav Global, TTK Prestige, Canara Bank, Tata Power and other stocks will remain in focus on Thursday's trading session

The shadow banking sector has been battling a credit crunch ever since one of the sector's biggest firms Infrastructure Leasing & Financial Services collapsed in late 2018 amid fraud allegations

Fitch said it was revising the fiscal deficit forecast as revenue collection is likely to fall far short of the projections in the FY2019/20 Union Budget due to weak GST and corporate income tax collections

The rating agency, however, expects the government to support the banks directly rather than the finance companies.

IL&FS Engineering and Construction has defaulted on redemption of preference shares worth Rs 39.5 crore in favour of Vistra ITCL (India)

The IL&FS board met 25 times in the last year -- almost twice every month; they also strengthened the management team, conducted a forensic audit and managed cost rationalisation

Anil Ambani's Reliance says funds had been arranged by the due date and the delay was due to technical glitches in the bank's servers

The market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 10 lakh on Infrastructure Leasing & Financial Services (IL&FS) for non-disclosure of price-sensitive information to stock exchanges.

The hefty discounts come amid an unprecedented slump in the auto sector. Sale of automobiles crashed by 23.5 per cent to 18,21,490 units in August, the worst ever decline in a month on a year-on-year basis since 1997-98

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