PMC BANK CRISIS
Sluggish bond market is the latest headache for borrowers
Prospects of flat issuance is bad news for PM Modi’s efforts to revive sagging growth.
Global investors ready with $3 billion kitty to enter India’s credit market
Many global investors are looking for the first time to deploy $3...
Plan likely to give NBFCs more lending room
The options that have been deliberated ahead of the February 1 budget include a plan akin to the ...
Unlock domestic capital pools to grow economy
Charitable trusts and universities in India have historically invested a significant portion of their available resources in real estate or in basic financial instruments.
Welcome to ‘peak decade,’ from globalization to central banks
Ian Bremmer, founder of Eurasia Group, describes this year as a “tipping point.”
Avendus Capital: An unlikely success story of a homegrown investment bank
Homegrown Avendus Capital has stitched up an unlikely success story making deals for tech cos.
Trump, Merkel and Imran to visit WEF at Davos
The World Economic Forum Annual Meeting 2020, taking place on January 20-24, will focus on establishing stakeholder capitalism as a way of addressing the world's greatest challenges, from societal divisions created by income inequality and political polarization to the climate crisis we face today, the Geneva-based International organisation for public-private partnership has said.
PMC Bank crisis: Administrator to seek valuation of HDIL's aircraft, yacht
"The RBI-appointed administrator to PMC Bank intends to monetise a yacht and two aircraft through a transparent process. For the purpose, the administrator plans to appoint a valuer/consultant and invites proposals from interested parties," the administrator said in a public notice.
Centre standing on brink of bankruptcy: Yashwant Sinha
Former BJP leader Yashwant Sinha asserted that the economy was passing through its "worst-ever crisis" due to the "death of demand" in sectors. He was speaking on the sidelines of his "Gandhi Shanti Yatra" against Citizenship Amendment Act (CAA) and National Register of Citizens (NRC). Sinha served as finance minister of India during 1998-2002.
Sri Guru Raghavendra Sahakara Bank says will meet commitments before March 31
Depositors have been flocking to the bank's branches after the Reserve Bank of India (RBI) imposed restrictions on the bank’s management disallowing it from collecting deposits, lending fresh loans or making investments without the regulator’s approval.
This $4 trillion corner of the market isn’t afraid of recession
Naysayers have been forecasting a recession for years as US extends its longest period of continuous growth.
RBI should act as lender of last resort, provide liquidity to NBFCs: SBI
In its report on Budget expectations, the economists said RBI should "seriously think" of providing liquidity to NBFCs against the assets held by the lenders. "Given the crisis of confidence in the financial markets, it is imperative that central banks don't forget their primary function of being the lender of the last resort," they said.
Weak economy likely to halt jump in company bond yields
India’s economy is grappling with the slowest expansion in more than a decade.
Mid and small caps expected to catch up in 2020
Large caps should continue to do well, mid- and small-caps could catch up and their relative underperformance can reverse, says Mahesh Patil.
Deposit Insurance Corporation sees Rs 14,100-cr claims amid PMC crisis
The Financial Stability Report said that all the claims may not materialise at the same time.
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