“Well run large NBFCs, with an asset size of Rs 50,000 crore and above, including those which are owned by a corporate house, may

Following a discussion paper on “Entry of New Banks in the Private Sector”, final guidelines issued in 2013 mandated banks to be set up

The banking regulator said in a notice that UVARCL had flouted norms laid down by the Sarfaesi Act and wilfully violated the RBI's guidelines,

Finance Minister Nirmala Sitharaman last week asked banks and NBFCs to roll out one-time loan restructuring scheme for COVID-19 related stress by September 15.

Besides, the draft scheme, seen by , said it will provide an option and a respectable exit route to employees who have reached a

Bankers said corporates that have been lax in repayments before March 2020 will not qualify for restructuring even if they are not non-performing assets

"The overall objective of the LFAR should be to identify and assess the gaps and vulnerable areas in the business operations, risk management, compliance

In a statement, HDFC said it has approved over Rs 47,000 crore of home loans under CLSS to more than 2 lakh homebuyers belonging

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