Sunday, Feb 28, 2021 | Last Update : 01:05 AM IST

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.

13 Jan 2020 2:24 AM

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.

11 Dec 2019 1:28 AM

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.

12 Nov 2019 3:23 PM

Govt starts hiring process for National Financial Reporting Authority

There have been legal challenges for the NFRA, set up under the Companies Act, 2013.

24 Oct 2019 7:00 PM

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.

22 Aug 2019 12:23 PM

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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.

22 Aug 2019 10:08 AM

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.

20 Aug 2019 7:04 PM

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.

20 Aug 2019 1:41 PM

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.

19 Aug 2019 1:14 PM

'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.

19 Aug 2019 1:10 PM

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IL&FS may not have disclosed bad loans for years: RBI report

The Indian government took control of IL&FS late last year after it defaulted on some of its debt.

15 Aug 2019 9:39 AM

IL&FS provisions hit GIC Re profit

The net profit was Rs 771.42 crore in the same period of last year. GIC Re is the country's largest reinsurer.

15 Aug 2019 1:29 AM

Govt issues guidelines for Rs 1-lakh cr partial guarantee scheme for NBFCs

NBFCs, including HFCs, came under stress following series of defaults by group companies of IL&FS in September last year.

14 Aug 2019 8:56 AM

Enforcement actions have generated 'lot of soul searching' at cos: Srinivas

In recent times, the ministry has initiated stringent action against various entities, including auditors, in the IL&FS scam, among others.

12 Aug 2019 5:40 PM

Sebi mulls tighter norms to ensure full disclosure on loan defaults with rating agencies

The move is aimed at helping the rating agencies get timely information about the rated entity's financial strength.

06 Aug 2019 6:05 PM

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Fund crunch speeds auto slump

Non-banking finance companies (NBFCs), or shadow banks, have dramatically slashed lending following the collapse of IL&FS, in late 2018.

05 Aug 2019 4:28 AM

SFIO may probe charges against Indiabulls Group

The agency is looking forward to directions from the government to formally begin the investigation.

31 Jul 2019 1:03 AM

Bank lending to non-bank firms set to gather pace: RBI governor

RBI was closely monitoring top 50 NBFCs, and had a good understanding of cash flows of these firms, said Shaktikanta Das.

26 Jul 2019 1:30 PM

NBFC, HFC lending to real estate players down 48 pc in FY'19 at Rs 27,000 cr

Net disbursals by NBFCs/HFCs to real estate developers declined by almost half from about Rs 52,000 crore in 2017-18.

25 Jul 2019 1:10 PM

IL&FS case: Sebi widens probe into role of rating agencies

Grant Thornton was asked to review ratings provided by various credit rating agencies (CRAs) to IL&FS group companies.

21 Jul 2019 11:55 AM

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