Banks took 75% haircut in Adani takeover deals in IBC pushing banks to huge losses, highlights AIBEA data
Adani buyouts in IBC have meant huge losses for banks in admitted claims...
Is 7% GDP growth the new normal?
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Microlending industry sees slower loan growth in Q1, deterioration in recovery
India's microlending industry witnessed slower growth and recovery problems in the first quarter of the financial year due to multiple industry factors, said industry association...
Declining liquidity coverage ratios to slow down credit growth for banks: ICRA
Proposed changes in liquidity coverage ratio framework to further moderate the reported liquidity coverage ratio (LCR) and constrain the credit growth for banks, says Icra...
Revenue growth of auto dealers to enter the slow lane this fiscal, says Crisil
Rising inventory levels, along with moderating profitability to temper credit metrics...
RBI Governor Shaktikanta Das speech full text at Global Fintech Fest
RBI Governor Shaktikanta Das speech full text at Global Fintech Fest...
RBI gives fintech SRO status to FACE
Of the remaining two applications, one application has been returned with a provision for resubmission after meeting certain requirements. The third application is under examination,...
What happened to Sebi’s credibility?
Sebi’s refusal, in embracing an independent investigation and ask the Sebi chief to step aside during the period of the probe, sets a bad precedent....
Banks rush to meet TRAI directive fearing it may block bank, E-commerce messages From September 1
This may impact consumers in India in getting service and transactional messages from banks, financial institutions, and e-commerce platforms
Presently, entities only register their headers and...
Total deposits under Jan Dhan bank accounts grow to Rs 2,31,236 crore
Till now, more than 53.14 crore beneficiaries banked under PMJDY since inception, the data showed.
PMJDY accounts grow 3.6 -fold from 15.67 crore in March 2015...