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Anand Mahindra.

'Cut taxes or rollback cess as auto gloom deepens': Anand Mahindra

As many as 3.50 lakh jobs have reportedly been lost in the auto industry since the start of the fiscal.

7 Aug 2019 6:54 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI bans NBFCs from charging loan foreclosure penalties

Foreclosure charges are part of the fee income for any lender and add to its bottomline.

3 Aug 2019 11:29 AM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi relaxes buyback rules for cos with housing finance, NBFC arms

The repurchase of shares by listed companies is governed by the Buyback Regulations of Sebi as well as the Companies...

30 Sept 2019 3:29 PM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

Economy looking up; no liquidity crisis: FM Sitharaman after bankers...

I heard good things, positive thing, she said, and added that 'the message I got is that consumption is happening.'

26 Sept 2019 10:31 PM IST

DHFL is currently classified as stressed account but will slip into becoming a Non-Performing Assets (NPA) by December 31 unless a resolution is found.

DHFL, Altico default on payments

Altico added its total borrowing from banks and financial institutions is Rs 4,361.55 crore as on September 12, 2019.

13 Sept 2019 9:12 AM IST

Reserve Bank of India (RBI)

RBI increases banks' loan exposure limit to single NBFC

RBI increased loan exposure limit of banks to a single NBFC from 15 per cent to 20 per cent.

13 Sept 2019 9:01 AM IST

Overall, the growth in the total infrastructure credit in FY20 is likely to remain lower than last year, he said.

Credit flow to Infra sector remains muted at Rs 21.2 lakh cr in...

The infrastructure credit had witnessed a 19 per cent growth in FY19 to Rs 21.1 lakh crore.

7 Jan 2020 9:34 AM IST

Investors added risk in November as their portfolios are no longer explicitly geared to assets that outperform in a low growth & low inflation backdrop, the survey said.

Financial sector stocks rally

The PSBs also gained with Nifty PSU Bank Index closing up by 2.83 per cent.

7 Feb 2020 2:02 AM IST

The Budget has given priority to agriculture, MSME, NBFC, infrastructure and affordable housing. Reviving business confidence, private capex recovery, manufacturing, have got lower attention.

Credit guarantee on debt for NBFCs, HFCs

The move, according to experts, would help NBFCs in the recovery process of an even smaller loans.

2 Feb 2020 3:05 AM IST

London firefighters combed through the burned-out public housing tower Thursday in a grim search for missing people as police and the prime minister launched investigations into the deadly inferno, with pressure building on officials to explain the disaster and assure that similar buildings around the country are safe. (Photo: AP)

Capri global Housing Finance aims to cross Rs 7,000 crore by 2023

Affordable Housing to be key catalyst for CGCL growth in next four year.

20 Dec 2018 4:01 PM IST

Affordable housing accounted for the lions share of this supply with over 41 per cent of the new supply coming into this category.

Affordable housing takes centre stage in 2018

More importantly, the unsold housing stock stood at 6.87 lakh units in Q3 2018 was 8 per cent down from the same period...

17 Dec 2018 6:30 AM IST