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Finance
Proparco injects debt capital into Indian non-bank lender
Proparco SA, the private-sector arm of French development finance institution Agence Française de Développement, has infused debt capital into a ......
Finance
Financial system stable despite weakening economic growth, says RBI
India's financial system remains stable even after economic growth plummeted to a six-year low, the Reserve Bank of India (RBI) ......
Finance
SEBI fines credit rating agencies for IL&FS debt rating
India’s market regulator on Thursday fined two leading credit rating agencies 2.5-million-rupees ($35,058.20) each for their failure to carry out ......
Finance
Flashback 2019: Bank mergers, NBFC woes, PE deals keep financial sector in spotlight
India’s banking, financial services and insurance sector went through a roller coaster ride in 2019, as the government launched a ......
Finance
Bankruptcy law set to face huge test in Dewan Housing case
India’s bankruptcy-resolution process has just begun to find its feet with recent precedent-setting court rulings, but bankers, lawyers and insolvency ......
Finance
RBI to begin bankruptcy proceedings against Dewan Housing Finance
India’s central bank said on Wednesday it would initiate bankruptcy proceedings against Dewan Housing Finance Ltd (DHFL), as it seeks ......
Finance
Govt tweaks bankruptcy rules to help non-bank lenders
India has amended its insolvency and bankruptcy rules to allow for greater flexibility in resolving problems at troubled non-banking finance ......
Finance
Dewan Housing lenders get temporary relief on $5.6 bn loans
An Indian court on Wednesday allowed banks to recover some dues from shadow lender Dewan Housing Finance Corporation Ltd, granting ......
Finance
Banks' stressed assets pile eases aided by $30 bn in write-offs
Indian banks wrote off more than $30 billion worth of bad debt in the year to June 30, helping to ......
Infrastructure
Govt approves $1.4 bn for fund to help stalled housing projects
India’s cabinet has approved 100 billion rupees ($1.4 billion) for a fund to help clear stalled housing projects, Finance Minister ......
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