IL&FS Ltd
Infrastructure
IL&FS to sell China road asset to Ping An Insurance
Infrastructure Leasing & Financial Services Ltd (IL&FS) is selling its stake in a Chinese road builder to a fund managed ......
Finance
NFRA bans former Deloitte partner over IL&FS unit audit
India’s National Financial Regulatory Authority (NFRA) on Wednesday imposed a seven-year audit ban on a former partner of Deloitte’s India ......
Finance
IL&FS says aims to resolve nearly 60% of debt despite pandemic delays
India’s Infrastructure Leasing & Financial Services (IL&FS) said on Monday it expected to resolve about 57% of its near trillion ......
Finance
Why NBFCs face bigger headache than banks from coronavirus
India’s non-banking finance companies face more pain in coming months as a nationwide lockdown to battle the coronavirus pandemic threatens ......
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
Deloitte failed to meet standards in IL&FS unit audit, says regulator
Deloitte Haskins and Sells LLP (DHS) failed to meet auditing standards when it vetted the books of India's IL&FS Financial ......
Finance
Why the govt's lending push could come back to bite the banking sector
Deen Dyal, who runs a tea stall on the outskirts of New Delhi, was beaming when he walked out of ......
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
IL&FS gets one offer for back-office arm, seeks more bids
Infrastructure Leasing & Financial Services Ltd (IL&FS) has received one offer for its stake in a back-office services unit but ......
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 ......
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