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Total 213 results found. Search for [ NBFC crisis ]

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BusinessToday.In
June 12, 2019
YES Bank share opened 2.08% lower at 136.40 in early trade today.  YES Bank share was the top loser on Sensex today. 


PB Jayakumar
New Delhi, June 10, 2019
Why is Ajay Piramal exiting the Shriram Group of companies in which he invested heavily only six years ago?


Prosenjit Datta
New Delhi, June 10, 2019
The RBI and finance ministry need to work together to fix the problem properly


Rashmi Pratap
New Delhi, June 10, 2019
NBFCs are facing asset-liability mismatches and undergoing a balance sheet adjustment. But they need more regulatory intervention, too


Aprajita Sharma
New Delhi, June 10, 2019
Fintech lenders will have to change their business models to survive the ongoing liquidity crisis


BusinessToday.In
New Delhi, June 10, 2019
Slow domestic demand hounding the Indian auto sector saw Maruti Suzuki, the biggest carmaker in India, slashing vehicle production for the fourth consecutive month in May


BusinessToday.In
June 10, 2019
While the NCLAT allowed banks to declare IL&FS Group's accounts as NPAs last month, it had put a stop on initiating the recovery process. But an internal assessment found that at least nine major banks made unauthorised withdrawals of about Rs 800 crore during the moratorium period


BusinessToday.In
June 10, 2019
Dewan Housing share price opened with a gain of 4.19% at Rs 87 level compared to the previous close of 83.50 level in trade today. The stock touched an intraday high of Rs 91.40 (9.46%).


BusinessToday.In
June 10, 2019
Share Market LIVE: On the sectoral front, indices trading in the green are IT, FMCG, Auto, Metal, Infra and Pharma. In declining indices, PSU bank and Media tops the list with 1.40% decline each, followed by Financial services, Energy, Bank and Realty.


Sahil Joshi
Mumbai, June 7, 2019
The charge sheet also remarked that IL&FS kept functioning despite the RBI inspection. SFIO also noted that the crisis could have been prevented if the central bank had acted.


BusinessToday.In
June 7, 2019
The said loans include a personal loan to the tune of Rs 29 crore to ABG group promoter Rishi Agarwal's wife Anupama Agarwal, all granted on the instructions of the top management of IL&FS.


PTI
June 6, 2019
The previous biggest drop this year was on April 22, when the Sensex had dived 495.10 points while Nifty had lost 158.35 points


PTI
New Delhi, June 6, 2019
The 30-share Sensex cracked 553.82 points, or 1.38 per cent, to settle at 39,529.72, while the broader NSE Nifty plunged 177.90 points, or 1.48 per cent, to end at 11,843.75.


BusinessToday.In
June 6, 2019
Banking stocks led the losses with the BSE bankex  falling 806 points to 34,675.  Bank Nifty too slipped 690 points to 30,899. Nifty too lost 191 points to 11,830 level. 


BusinessToday.In
June 6, 2019
Share Market Update: All the sectoral indices closed on the red, with major declines seen in PSU Bank, which was down by almost 5.20 % and PVT bank down at 2%, followed by other major indices like Pharma, Realty, Media and Metal, each declining over 1%. 


Reuters
New Delhi, June 5, 2019
This was Crisil's fifth rating cut on DHFL's paper this year and ICRA's fourth, highlighting the problems in shadow banking sector that has struggled since a series of defaults at Infrastructure Leasing and Financial Service Ltd last year


PTI
June 4, 2019



BusinessToday.In
June 4, 2019
With the Serious Fraud Investigation Office filing an 840-page chargesheet accusing IL&FS Financial Services Ltd (IFIN) of various malpractices, including loan evergreening, the banking regulator may take the extreme step of cancelling its NBFC licence


PTI
New Delhi, June 2, 2019
The SFIO has charged the erstwhile top management members of the group's financial services subsidiary IFIN of forming a \"coterie\" with its auditors and independent directors to defraud the company


PTI
June 2, 2019



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