Where's the money? Search on for solutions of India's shadow bank crisis
Vital projects are starved for funds following the crisis. The desperation for solutions is palpable.
View: What this Budget can offer to fix India's unemployment problem
While structural factors are responsible for the high unemployment, the ...
RBI should act as lender of last resort, provide liquidity to NBFCs: SBI
In its report on Budget expectations, the economists said RBI should...
JM Financial net income jumps 14.6% in December quarter
The company's total income inched up 0.52 per cent to Rs 905.45 crore.
It’s one step forward, one back for troubled Indian shadow banks
Shadow lender woes have made it harder for policy makers to prop up the economy, which grew at its weakest pace since 2009. The slowdown hurts borrowers’ ability to repay debt, and has prompted the central bank to predict that an improvement in banks’ bad-loan ratios will reverse. In a sign that creditors remain jittery, borrowing costs rose.
Icra maintains negative outlook for residential realty; outlook stable for commercial segment
The performance of the residential segment continues to be muted, owing to the prevailing liquidity crunch.
Kotak Investment unlikely to bid for Altico Capital
Altico is one of the latest caught up in the nation’s shadow banking crisis that started in 2018.
Was India's NBFC crisis a myth or a reality?
Many termed the immediate aftermath of IL&FS as India's Lehman moment. No doubt India's NBFCs had in 2019 their worst year in a decade amid a severe and protracted struggle for funds. But when there were just two failures which the industry took in its stride without needing any bailout, what does it indicate? Was it really a Lehman-like moment?
Questions for 2020: A big NBFC collapses?
Today, the story has a different shade of grey. Even as the fear that gripped earlier is ebbing, hard times are here. So far the strain was in the ‘liability’ side of balance-sheet as NBFCs had nowhere to borrow from. Now, the cause of anxiety is ‘asset’ book, as there are fewer people to lend to.
DHFL creditors to meet on Monday for discussing resolution
The third-largest pure play mortgage player is the first non-banking financial company or housing finance company to face the corporate insolvency resolution process. The Mumbai bench of NCLT had admitted the company for insolvency resolution on December 2 and appointed IOB's former MD and CEO R Subramaniakumar as the company's administrator.
Investors can expect returns of 8-9% from Nifty this year: Mahesh Patil
Largecaps will continue to do well, mid and smallcap companies could catch up, says Patil.
ETRise Dialogues: How to raise money during economic uncertainty? Join panel discussion
Experts believe the best way to survive in this situation is evaluate new options of raising credit, make better use of the existing options and make practical projections.
ABFL becomes first NBFC to list commercial paper on bourses
ABFL listed its CPs on NSE with a value date of November 28, 2019 and maturity date on February 7, 2020.
JM Financial Home Loans eyes Rs 2000 cr loan-book by FY21 with BoB pact
JM Financial Home Loans, the affordable housing focused lending arm of JM Financial Group, is eyeing a five-fold increase in loan book next fiscal with the co-lending tie-up it has entered into with Bank of Baroda.
Bank credit to industry slips 3.9% in 8 months
Bank credit to industry shrunk by 3.9%, or Rs 1.13 lakh crore, during the first eight months of the current financial year, according to data released by the RBI. Despite this, overall bank credit continues to be up 1% largely due to home loans and other personal loans.
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