RBI Tightens Investment Rules For Shadow Banks From Non-FATF Compliant Jurisdictions
Business | Reuters | Saturday February 13, 2021
The move comes days after the central bank had proposed tighter, bank-like regulation of the so-called shadow lending sector to prevent the turmoil caused by the collapse of an infrastructure financing firm in 2018.
RBI Proposes Scale-Based Regulations For Shadow Banks
Business | Reuters | Friday January 22, 2021
The proposed regulatory and compliance guidelines will bring the 25-30 large shadow banks to parity with the state-owned and other private commercial banks
A Surge In Bad Debt Is Set To Worsen India's Shadow Bank Crisis
Business | Divya Patil and Anil Poonia, Bloomberg | Wednesday January 20, 2021
Non-performing assets already swelled in the most recent data to the highest in at least five years, at 6.3% as of March 2020
Billionaire Ajay Piramal's Conglomerate Wins Bid For Bankrupt Shadow Lender DHFC
Business | Suvashree Ghosh, Bijou George and Baiju Kalesh, Bloomberg | Monday January 18, 2021
A resolution plan for Dewan from Piramal Enterprises' own shadow bank, Piramal Capital & Housing Finance was approved by Dewan's committee of creditors in a vote on Friday
Reserve Bank Of India Likely To Propose Stringent Norms For Shadow Banks: Report
Business | Reuters | Saturday January 16, 2021
Reserve Bank of India is expected to set out its proposals in a discussion paper next week and recommend that bigger non-banking finance companies, or shadow banks, maintain a statutory liquidity ratio
Mumbai Home Sales Zoom To 8-Year High As Prices Drop, Loans Become Cheaper
Business | Suvashree Ghosh and Dhwani Pandya, Bloomberg | Tuesday December 8, 2020
It's an abrupt turnaround for a market that's spent three years in the doldrums after a prolonged shadow banking crisis strangled access to credit
Government Approves Special Liquidity Scheme For Non-Banking Lenders
Business | Edited by Abhik Deb | Wednesday July 1, 2020
Under the scheme, SBICAP, a subsidiary of the State Bank of India, will purchase short-term papers from the shadow banks
Are Shadow Banks Eligible For Loan Moratorium? Top Court Asks Centre, RBI
Business | Reported by A Vaidyanathan, Edited by Sandeep Singh (with inputs from agencies) | Friday May 15, 2020
Real estate developers' apex body CREDAI, in an April plea, had argued that the RBI's circular on the moratorium is an "eyewash."
Banks Refusing To Lend In India Prompt $62 Billion Rescue Deal
Business | Suvashree Ghosh and Divya Patil, Bloomberg | Saturday May 16, 2020
A legacy of bad loans, a shadow banking implosion and a historic bank bailout in March have left Indian lenders weakened coming into the lockdown.
India Investment Policy Changes Plans For Big Chinese Firms Like Oppo
Business | Reuters | Thursday May 14, 2020
Companies like Xiaomi and Oppo are looking to expand their businesses into India's financial services market
Boost For Small Businesses, Salaries In COVID-19 Package: 10 Points
India News | Reported by Sunil Prabhu, Edited by Divyanshu Dutta Roy | Wednesday May 13, 2020
Private sector employees will get a boost to their take-home salaries and small and medium-sized will be offered Rs 3 lakh crore in collateral-free bank loans, Finance Minister Nirmala Sitharaman announced on Wednesday, detailing parts of the government's Rs 20 lakh crore COVID-19 economic relief plan. Shadow banks and power companies will also ben...
SBI To Extend Moratorium To Shadow Banks To Deal With Cash Flow Problem
Business | Press Trust of India | Thursday May 7, 2020
The bank would extend the moratorium to NBFCs on a case-to-case basis after assessing their cash budgets
RBI Governor Shaktikanta Das Discusses Liquidity, Credit Supply With Shadow Banks
Business | Edited by Sandeep Singh (with inputs from agencies) | Monday May 4, 2020
On Friday, the government further extended the COVID-19-induced lockdown for two more weeks with eased restrictions for unaffected zones.
Top 50 Shadow Banks' Asset-Liability Status Under RBI Lens: Shaktikanta Das
Business | Indo-Asian News Service | Monday February 24, 2020
The NBFC sector has seen a lot of turmoil, starting with a series of defaults by Infrastructure Leasing & Financial Services (IL&FS).
Economic Adviser Cautions Against Stringent Regulations On Shadow Banks
Business | Indo-Asian News Service | Thursday February 20, 2020
Mr Sanyal's suggestion comes in the backdrop of multiple steps taken by the RBI to improve supervision of shadow banks.
RBI Tightens Investment Rules For Shadow Banks From Non-FATF Compliant Jurisdictions
Business | Reuters | Saturday February 13, 2021
The move comes days after the central bank had proposed tighter, bank-like regulation of the so-called shadow lending sector to prevent the turmoil caused by the collapse of an infrastructure financing firm in 2018.
RBI Proposes Scale-Based Regulations For Shadow Banks
Business | Reuters | Friday January 22, 2021
The proposed regulatory and compliance guidelines will bring the 25-30 large shadow banks to parity with the state-owned and other private commercial banks
A Surge In Bad Debt Is Set To Worsen India's Shadow Bank Crisis
Business | Divya Patil and Anil Poonia, Bloomberg | Wednesday January 20, 2021
Non-performing assets already swelled in the most recent data to the highest in at least five years, at 6.3% as of March 2020
Billionaire Ajay Piramal's Conglomerate Wins Bid For Bankrupt Shadow Lender DHFC
Business | Suvashree Ghosh, Bijou George and Baiju Kalesh, Bloomberg | Monday January 18, 2021
A resolution plan for Dewan from Piramal Enterprises' own shadow bank, Piramal Capital & Housing Finance was approved by Dewan's committee of creditors in a vote on Friday
Reserve Bank Of India Likely To Propose Stringent Norms For Shadow Banks: Report
Business | Reuters | Saturday January 16, 2021
Reserve Bank of India is expected to set out its proposals in a discussion paper next week and recommend that bigger non-banking finance companies, or shadow banks, maintain a statutory liquidity ratio
Mumbai Home Sales Zoom To 8-Year High As Prices Drop, Loans Become Cheaper
Business | Suvashree Ghosh and Dhwani Pandya, Bloomberg | Tuesday December 8, 2020
It's an abrupt turnaround for a market that's spent three years in the doldrums after a prolonged shadow banking crisis strangled access to credit
Government Approves Special Liquidity Scheme For Non-Banking Lenders
Business | Edited by Abhik Deb | Wednesday July 1, 2020
Under the scheme, SBICAP, a subsidiary of the State Bank of India, will purchase short-term papers from the shadow banks
Are Shadow Banks Eligible For Loan Moratorium? Top Court Asks Centre, RBI
Business | Reported by A Vaidyanathan, Edited by Sandeep Singh (with inputs from agencies) | Friday May 15, 2020
Real estate developers' apex body CREDAI, in an April plea, had argued that the RBI's circular on the moratorium is an "eyewash."
Banks Refusing To Lend In India Prompt $62 Billion Rescue Deal
Business | Suvashree Ghosh and Divya Patil, Bloomberg | Saturday May 16, 2020
A legacy of bad loans, a shadow banking implosion and a historic bank bailout in March have left Indian lenders weakened coming into the lockdown.
India Investment Policy Changes Plans For Big Chinese Firms Like Oppo
Business | Reuters | Thursday May 14, 2020
Companies like Xiaomi and Oppo are looking to expand their businesses into India's financial services market
Boost For Small Businesses, Salaries In COVID-19 Package: 10 Points
India News | Reported by Sunil Prabhu, Edited by Divyanshu Dutta Roy | Wednesday May 13, 2020
Private sector employees will get a boost to their take-home salaries and small and medium-sized will be offered Rs 3 lakh crore in collateral-free bank loans, Finance Minister Nirmala Sitharaman announced on Wednesday, detailing parts of the government's Rs 20 lakh crore COVID-19 economic relief plan. Shadow banks and power companies will also ben...
SBI To Extend Moratorium To Shadow Banks To Deal With Cash Flow Problem
Business | Press Trust of India | Thursday May 7, 2020
The bank would extend the moratorium to NBFCs on a case-to-case basis after assessing their cash budgets
RBI Governor Shaktikanta Das Discusses Liquidity, Credit Supply With Shadow Banks
Business | Edited by Sandeep Singh (with inputs from agencies) | Monday May 4, 2020
On Friday, the government further extended the COVID-19-induced lockdown for two more weeks with eased restrictions for unaffected zones.
Top 50 Shadow Banks' Asset-Liability Status Under RBI Lens: Shaktikanta Das
Business | Indo-Asian News Service | Monday February 24, 2020
The NBFC sector has seen a lot of turmoil, starting with a series of defaults by Infrastructure Leasing & Financial Services (IL&FS).
Economic Adviser Cautions Against Stringent Regulations On Shadow Banks
Business | Indo-Asian News Service | Thursday February 20, 2020
Mr Sanyal's suggestion comes in the backdrop of multiple steps taken by the RBI to improve supervision of shadow banks.
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