Shriram City was incorporated in 1986, and is a part of Shriram Group. Shriram City provides specialised services in retail & Micro Small & Medium Enterprise (MSME) lending

Solutions to shadow banking risks are well-documented: tightening regulations, extending central banks' cover as lender-of-last-resort, mandating deposit insurance to prevent overnight collapse, controlling trade in highly complex, opaque and high-risk derivatives and changing short-term-funding-long-term-lending business model

That shadow banking was at the core of the financial sector meltdown that led to the Great Recession of 2007-08 is well documented and so is the fact that it remains big and powerful enough to cause serious financial crisis and yet, India and the US continue to promote it

A higher quantum of restructured assets would clearly reflect higher asset quality challenges for NBFCs and could restrict their ability to mobilise funds from banks and capital markets, India Ratings and Research said in a report

RBI has warned that economic disruptions may intensify systemic risks to India's financial sector primarily because NBFCs remain vulnerable with their deteriorating asset quality and reluctance of the market to lend them money. On the global front, there is little to cheer about shadow banking

Rising coronavirus cases, along with some other factors, has put a negative impact on the economic recovery, which has plateaued in the last few weeks, a report by HSBC Global Research said

Stocks to watch today on August 11: ICICI Bank, Vodafone Idea, HDFC, Titan, IndiGo, Bank of Baroda among others are the top stocks to watch out for in Tuesday's trading session.

Government e-Marketplace (GeM) CEO Talleen Kumar said that this system will consolidate all government procurement onto a single platform leading to economies of scale, better price discovery and sharing of best practices

The Special Liquidity Scheme permits both primary and secondary market purchases of debt and seeks to address the short-term liquidity issues of non-banking financial companies (NBFCs) and housing finance companies (HFCs)

Share price of Muthoot Finance gained up to 5.36% to Rs 1324 after RBI's announcement. Share price of Muthoot Finance rose 6.12% to Rs 169 after the RBI announced change in LTV ratio of gold

Since loan has been declared as \"fraud\", PNB will have to set aside 100% loan amount as \"provision\" as per RBI rules; this can either be done in four quarters or one go

The company is a 100 per cent subsidiary of Reliance Capital Ltd, and offers a wide range of financial products including small and medium enterprise loans, loans against property, infra financing, agriculture loans and supply chain financing

Loan book under moratorium have declined sharply across most lenders; however, the last ten percentile of this book will remain the key to the extent of asset quality pain, says ICRA

HDFC Q1 results: Revenue stood at Rs 13,017.7 crore in Q1 FY21 against Rs 12,990.3 crore in the corresponding quarter last year

Stocks to watch out for today on July 30: Bharti Airtel, YES Bank, PVR, Inox Leisure, CEAT among others are the top stocks to watch out for in Thursday's  trading session

PM Modi emphasised that the government was firmly behind banks and NBFCs, and is ready to support them and promote their growth

HDFC Chairman Deepak Parekh reasoned that there are borrowers who have the ability to pay but are taking advantage of the moratorium and deferring  payments

According to the disclosures, Puri had 0.14 per cent stake or 77.96 lakh equity shares in his name in the bank as on March 31. He now holds 3.76 lakh shares or 0.01 per cent stake in HDFC Bank

Aatma Nirbhar Bharat: The scheme would be open for 3 months. It permits both primary and secondary market purchases of debt and seeks to address the short-term liquidity issues of NBFCs/HFCs

Bansal says that his new venture Navi will stay away from payments business, but he has plans to take his financial products to a billion Indians over the next few years