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Lenders should be allowed to restructure real estate loans without NPA tag

New Delhi, Nov. 6 -- A day after Finance Minister Nirmala Sitharaman spoke about reforms in the real estate sector, lenders call for government intervention for the ailing sector and sought approval f... Read More


Banks should be allowed to recast realty loans without NPA tag: Axis Bank MD

New Delhi, Nov. 6 -- Banks should be allowed to lend to stressed real estate projects without classifying the loans as non-performing assets, Axis Bank managing director and chief executive officer Am... Read More


Rollout date for LCR norms pushed to Dec 2020: RBI

Mumbai, Nov. 6 -- Liquidity coverage ratio (LCR) norms for non-banking financial companies (NBFCs) will take effect on December 1, 2020, the Reserve Bank of India (RBI) said on Monday, extending its p... Read More


Rollout date for LCR norms pushed to Dec 2020: RBI

Mumbai, Nov. 5 -- Liquidity coverage ratio (LCR) norms for non-banking financial companies (NBFCs) will take effect on December 1, 2020, the Reserve Bank of India (RBI) said on Monday, extending its p... Read More


Lenders may ask RBI to ease fraud classification norms

mumbai, Nov. 5 -- Banks are considering asking the Reserve Bank of India (RBI) to ease classification norms for fraud-hit loan accounts, amid a surge in such cases in India. Banks currently set aside... Read More


RBI extends rollout date for LCR norms to Dec next year

New Delhi, Nov. 5 -- Liquidity coverage ratio (LCR) norms for non-banking financial companies (NBFCs) will take effect on 1 December 2020, the Reserve Bank of India (RBI) said on Monday, extending its... Read More


Lenders may ask RBI to ease fraud classification norms

Mumbai, Nov. 4 -- Banks are considering asking the Reserve Bank of India (RBI) to ease classification norms for fraud-hit loan accounts, amid a surge in such cases in India. Banks currently set aside... Read More


Lenders may ask RBI to ease fraud classification norms

Mumbai, Nov. 3 -- Banks are considering asking the Reserve Bank of India (RBI) to ease classification norms for fraud-hit loan accounts, amid a surge in such cases in India. Banks currently set aside... Read More


DHFL lenders likely to file intervention plea in Bombay High Court to protect borrowers

New Delhi, Nov. 2 -- Lenders of Dewan Housing Finance Corp. Ltd (DHFL) are in the process of filing an application in the Bombay high court (HC) to protect the housing finance company's borrowers from... Read More


Lenders to file intervention in DHFL case to avoid retails borrowers from classified as defaulters

Mumbai, Nov. 1 -- Lenders to Dewan Housing Finance Ltd (DHFL) are looking to file an intervention application against the High Court order restraining the housing financier from making payments to all... Read More