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RBI set to tighten screws on co-op banks to avoid another PMC

RBI will update guidelines on UCBs to relook at the exposure norms for single and group borrowers.

external commercial borrowing

Dec 05, 2019, 08.43 PM IST

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EXTERNAL COMMERCIAL BORROWING

Altico Capital defaults on Rs 138 crore debt repayment

Altico Capital’s financial stress first came to light in September when it defaulted on interest payments on an external commercial borrowing of Rs 20 crore.

RBI seeks to push rupee in global play

The RBI on Friday relaxed norms for the opening of special non-resident rupee (SNRR) accounts and perm...

Muthoot Finance expects over 15% AUM growth after Q3 and Q4: George Alexander Muthoot

We have already grown by Rs 1,300 crore of portfolio in...

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