IL&FS
Low base to help NBFC’s Q3 results
The Q3 of FY29 was preceded by the IL&FS default in September and hence it was an exceptionally weak quarter.
Securitisation shores up retail loan growth figures
Consequently, the retail securitisation volume doubled last fiscal, and has soared 39 per cent in the first half.
IL&FS gets creditors' approval for sale of education business
The transaction marks the latest step towards overall resolution of debt totalling around Rs 94,000 crore.
Govt starts hiring process for National Financial Reporting Authority
There have been legal challenges for the NFRA, set up under the Companies Act, 2013.
Sebi board approves tighter norms for full disclosure on loan defaults with rating agencies
Officials said there have been occasions when some entities have sought to take the benefit of certain regulatory gaps.
Sandeep Deshpande, other MNS leaders taken into custody ahead of Raj-ED face off
Former Maharashtra chief minister and senior Shiv Sena leader Manohar Joshi's son Unmesh Joshi was also summoned by the ED in this case.
NCLAT refuses interim relief to Deloitte, BSR Associates in IL&FS case
NCLT Mumbai will continue its scheduled hearing in the case of their alleged role in the IL&FS fraud matter, the bench said.
Unmesh Joshi appears before ED for second consecutive day in IL&FS case
‘I received notice on Friday night. I have come to meet ED officers today. It must be about Kohinoor (Kohinoor building case),’ Joshi said.
RBI rules out asset quality review of NBFCs for now
IL&FS group's failure has made banks highly risk averse to the NBFC sector, leading to a severe liquidity crunch.
'Political vendetta': MNS dubs ED’s notice to Raj Thackeray in IL&FS probe
Thackeray and Unmesh Joshi had jointly bid for some assets after creating a consortium, but later the MNS chief quit.