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Yes Bank gave loans of over '2,000 crore to eight companies linked to Indiabulls Group

Mumbai, Nov. 15 -- Private sector lender Yes Bank Ltd had lent over '2,000 crore to several companies linked to the Indiabulls Group that either have negative net worth or an average equity capital of... Read More


78-year-old DHFL fixed depositor dies, family says shock of withheld money killed her

New Delhi, Nov. 14 -- The crisis at Dewan Housing Finance Corp Ltd (DHFL) might have claimed its first victim in 78-year-old Subala Dasi Biswas, whose family alleged she died of shock after hearing he... Read More


Retail inflation: The options before Reserve Bank of India

New Delhi, Nov. 13 -- With retail inflation breaching the central bank's 4% medium-term target in October, attention has shifted to what the Reserve Bank of India will do at the monetary policy meetin... Read More


Bombay HC allows DHFL to pay lenders who bought out pooled loans under securitisation

New Delhi, Nov. 13 -- The Bombay High Court on Wednesday modified its earlier order and allowed Dewan Housing Finance Corp. Ltd (DHFL) to pay banks, non-banking financial companies (NBFCs) and other h... Read More


RBI withdraws certain exemptions from housing finance companies

Mumbai, Nov. 12 -- The Reserve Bank of India (RBI) has withdrawn certain exemptions granted to housing finance companies (HFCs), putting its regulations on a par with those of non-banking financial co... Read More


External commercial borrowings of firms jump 50% in April-September

New Delhi, Nov. 11 -- External commercial borrowings (ECB) of Indian companies jumped nearly 50% in the six months ended 30 September from a year ago, thanks to cheaper overseas funds, easier overseas... Read More


Govt processing approvals for pooled loan buyouts of Rs.20,000 crore

Mumbai, Nov. 11 -- The government is in the process of approving buyouts of non-bank loans by public sector banks worth Rs.20,000 crore under the partial credit guarantee scheme, said Finance Secretar... Read More


For bank chiefs, half of salary to be linked to performance

Mumbai, Nov. 8 -- The Reserve Bank of India on Monday, 4 November, said chief executives of banks should have at least half of their pay based on performance, as the regulator tries to tweak incentive... Read More


Yes Bank gave loans of over Rs.2,000 cr to companies linked to Indiabulls

New Delhi, Nov. 8 -- Private sector lender Yes Bank Ltd had lent over Rs.2,000 crore to several companies linked to the Indiabulls Group that either have negative net worth or an average equity capita... Read More


Yes gave loans of over Rs.2,000 cr to companies linked to Indiabulls

New Delhi, Nov. 7 -- Private sector lender Yes Bank Ltd had lent over Rs.2,000 crore to several companies linked to the Indiabulls Group that either have negative net worth or an average equity capita... Read More