Subramanian explains how after the NBFC crisis, banks turned cautious and stopped lending to small businesses, leading to a major fall in credit flow from Rs 20-lakh crore in FY19 to 'virtually nothing' in current fiscal

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 window for one-time partial credit guarantee offered by government will remain open till 30 June, 2020 or till such date by which Rs 1 lakh crore assets get purchased by the banks, whichever is earlier

More tribunals, more resolution professionals, a higher threshold for the default process to set in from the current level of Rs 1 lakh and streamlining of the appeal process to cut down delays are needed to make the Insolvency and Bankruptcy Code (IBC) more efficient

Uday Kotak has ensured phenomenal growth without adding too much risk

Rajeev Jain has achieved growth by doing more business with existing customers and focusing on risk

In an exclusive interview with Business Today's Joe C Mathew, OECD Chief Economist Laurence Boone says India must look at the slowdown as an opportunity and speed up reforms

Finding growth even in a tough environment

The Karvy case has dented investor confidence in the broking industry. It's time to shift focus from price to credibility

As the economy slowed down, winners of BT-PwC Best CEO awards had a trial by fire

Share Market Today: Sensex ended 172 points higher at 40,412 and Nifty rose 53 points to 11,910.

While Sharma in his resignation letter cited \"other preoccupations\" as reasons for his inability to continue with the role, reports say it has been done to comply with the RBI norms

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

India's GDP growth rate slowed down to 4.5 per cent in the July-September quarter of this fiscal; matters have worsened since the June quarter when GDP growth slowed to 5 per cent, lowest in six years and a quarter

While the contours of the new bill would only be known once it is tabled in the Parliament, experts expect the bill to define what constitutes 'critical data'

The second and concluding part looks at how the quarterly GDP estimates use the organised sector indicators to measure the unorganised sector, which contributes nearly 50% to the GDP, thereby giving a misleading picture of the state of economic health

DHFL that had outstanding deposits of Rs 6,136 crore in June has seen its deposits reducing to Rs 5,232 crore as of September 2019

The report says private investment will bounce back as capacity utilisation rises and the cost of borrowing declines; says the government's initiatives like corporate tax cut will support investment

Insolvency and Bankruptcy Rules of 2019 would help but more needs to be done: tighter RBI control and supervision, infusion of long-term funds (including capital) and reduction in mismatch in assets and liabilities

Sitharaman tabled the first batch of Supplementary Demands for Grants for the financial year 2019-20 in both the Houses of Parliament saying of the total spend, cash outgo will be about 19,000 crore