Exclusive

Publication

Byline

Surge in bond yields could drive growth off track: RBI

New Delhi, March 19 -- The Reserve Bank of India (RBI) on Friday warned that rising bond yields could undermine the fragile global economic recovery, rendering most economies unable to tolerate high i... Read More


RBI rejects Yes plan to set up ARC

MUMBAI, March 19 -- The Reserve Bank of India (RBI) has rejected Yes Bank Ltd's application to set up an asset reconstruction company (ARC) to warehouse bad loans citing a conflict of interest, two pe... Read More


RBI may reject plea to extend interest relief for borrowers

MUMBAI, March 19 -- The Reserve Bank of India (RBI) is likely to reject banks' request to extend interestpayment relief to working-capital borrowers, as it seeks to wind down some of the pandemic-era ... Read More


Edelweiss' shares decline on reports of irregularities

Mumbai, March 18 -- Shares of Edelweiss Financial Services Ltd fell 5% after a report that the ministry of corporate affairs (MCA) has started investigating allegations of financial irregularities at ... Read More


MCA to investigates irregularities at Edelweiss' ARC: report

MUMBAI, March 18 -- Shares of Edelweiss Financial Services fell 5% after a report said the Ministry of Corporate Affairs (MCA) has begun an investigating into the allegations of financial irregulariti... Read More


Piramal Capital to raise up to Rs 3,000 cr via NCDs

Mumbai, March 17 -- Ajay Piramal-backed Piramal Capital & Housing Finance Ltd (PCHFL) is looking to raise up to Rs 3,000 crore in its second bond sale in a week. The housing finance company will issue... Read More


RBI may reject plea to extend interest relief

Mumbai, March 17 -- The Reserve Bank of India (RBI) is likely to reject banks' request to extend interest-payment relief to working-capital borrowers, as it seeks to wind down some of the pandemic-era... Read More


Piramal Capital to raise up to Rs.3,000 cr via NCDs

Mumbai, March 16 -- Ajay Piramal-backed Piramal Capital & Housing Finance Ltd (PCHFL) is looking to raise up to Rs.3,000 crore in its second bond sale in a week. The housing finance company will issue... Read More


RBI to extend cheque truncation system across all bank branches

Mumbai, March 15 -- Reserve bank of India on Monday said that it has decided to extend the cheque truncation system (CTS), which is currently operational at the major clearing houses of the country, a... Read More


Ares SSG Capital completes acquisition of Altico Capital

MUMBAI, March 11 -- Hong Kong-based Ares SSG Capital on Thursday said it has completed acquisition of stressed real estate financier Altico Capital India Ltd. This buyout marks the first resolution of... Read More