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A confidential note adds another twist to India's NBFC crisis

The govt has made serious efforts to address the issue, but India's shadow banking crisis continues unabated.
The Economic Times



Vijay Mallya says ED, CBI been 'totally unreasonable'

The 64-year-old former Kingfisher Airlines boss is appealing against his extradition order to India on charges of fraud and money laundering amounting to an alleged Rs 9,000 crores in unpaid bank loans. His lawyers told the British High Court this week that he had been the victim of the airline industry's misfortunes and had no fraudulent intentions behind seeking loans for his now-defunct airline.

MF money needs to move towards commodities for economic growth: Vijay Kumar, NCDEX

He added that under the warehousing regulation, the stocks...

Request banks to take back 100% of their principal amount, says Vijay Mallya

Liquor tycoon Vijay Mallya once again asked the Indian banks to ...

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