Shadow Banks

The CBI has registered a fresh case against Kapil Wadhawan and Dheeraj Wadhawan of DHFL for allegedly cheating a consortium of 17 banks led by the Union Bank of India to the tune of Rs 34,615 crore

Prime Minister Narendra Modi this morning appealed that Kumbh Mela "should now only be symbolic" amid the novel coronavirus pandemic, stressing that it will give a boost to fight against the pandemic.

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.

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

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

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 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

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

Rising coronavirus cases has cast a shadow on hopes of quick economic recovery and has prompted central banks to reduce interest rates and loosen their monetary stance, helping gold prices climb 28 per cent so far this year.

Under the scheme, SBICAP, a subsidiary of the State Bank of India, will purchase short-term papers from the shadow banks

Real estate developers' apex body CREDAI, in an April plea, had argued that the RBI's circular on the moratorium is an "eyewash."

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.

Companies like Xiaomi and Oppo are looking to expand their businesses into India's financial services market

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...

The bank would extend the moratorium to NBFCs on a case-to-case basis after assessing their cash budgets

The CBI has registered a fresh case against Kapil Wadhawan and Dheeraj Wadhawan of DHFL for allegedly cheating a consortium of 17 banks led by the Union Bank of India to the tune of Rs 34,615 crore

Prime Minister Narendra Modi this morning appealed that Kumbh Mela "should now only be symbolic" amid the novel coronavirus pandemic, stressing that it will give a boost to fight against the pandemic.

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.

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

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

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 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

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

Rising coronavirus cases has cast a shadow on hopes of quick economic recovery and has prompted central banks to reduce interest rates and loosen their monetary stance, helping gold prices climb 28 per cent so far this year.

Under the scheme, SBICAP, a subsidiary of the State Bank of India, will purchase short-term papers from the shadow banks

Real estate developers' apex body CREDAI, in an April plea, had argued that the RBI's circular on the moratorium is an "eyewash."

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.

Companies like Xiaomi and Oppo are looking to expand their businesses into India's financial services market

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...

The bank would extend the moratorium to NBFCs on a case-to-case basis after assessing their cash budgets