REGULATORY CAPITAL BANKS
Canadian fund CPPIB keen to enter private debt segment in India, worried about regulatory uncertainties
“Private debt can be a good opportunity as we see some interesting situations in the country,” said Mark Machin, president and chief executive officer CPPIB. Many private equity global funds including KKR, Apollo Global Management, Blackstone and Baring have specialized debt platforms.
ET Explains: Inside RBI's plan to avert PMC Bank-like embarrassments
New policy measures were announced on Thursday to strengthen the regulat...
NBFC stress to hurt banks badly, says Fitch
Indian banks have thin buffers against systemic NBFC stress, says Fitch.
YES Bank slips 7% even as Capital Int'l commits to invest $120 million
YES bank plans to raise $2 billion on a preferential allotment basis from eight investors.
US-based Capital Int’l commits to invest $120 million in YES Bank
The bank plans to raise $2 bn on a preferential allotment basis from eight investors.
Moody's downgrades YES Bank rating; outlook negative
Moody's said lender’s stressed assets related issues will add pressure to its funding and liquidity.
RBL Bank to launch QIP, eyes over Rs 2,000 crore
The new issue is expected to list by December 10.
Axis Bank more than doubles loan provisions for troubled sectors
The bank is maintaining a standard asset provisioning of 1 percentage point for bad loans in such sectors, as against the regulatory provision of 0.40 per cent, its executive director Rajiv Anand told .
Capri Group buys into Lakshmi Vilas Bank
A holding of 5 per cent or more in a private bank requires the approval of RBI.
YES Bank sells over 17 lakh shares of Reliance Capital
So far, the lender has offloaded over 47.2 lakh shares. Of the total shares sold by YES Bank, 13.2 lakh scrips were sold on Friday and 16.7 lakh shares were sold on Monday.
Stocks in the news: YES Bank, RIL, Vodafone Idea, NBCC, AB Capital
Here are a few stocks which may buzz the most in today’s trade.
Late-stage Indian startups bulk up its boards with independent hands
Oyo, Ola, Freshworks, Flipkart and Paytm are mong leading home-grown tech ventures that have brought in industry veterans to address compliance and governance issues.
CAMS investors look for partial exit via IPO
New York-based $79 billion private equity firm Warburg Pincus is the largest shareholder with 43.5 per cent in the company.
Grofers loss widens to Rs 448 cr in FY19, co says on track to double GMV to Rs 5k cr in FY20
Grofers, which competes with the likes of BigBasket as well as grocery verticals of e-commerce majors such as Flipkart and Amazon, saw its total income grow by over 56 per cent to Rs 83.62 crore in 2018-19 from Rs 53.47 crore in the previous financial year.
How to make the FRDI bill more effective
The new Act should consider keeping its ripple effects on other laws to the minimum.
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