You Searched For "ILFS crisis" and got 17 results
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2 mins read
IL&FS case: The latest arrests in India's largest financial scandal of 2018 are for alleged money laundering
Arun Shah was the Joint Managing Director of IL&FS Financial Services while K Ramchandra w…
3 mins read
IL&FS crisis was red-flagged in 2018 'confidential' note by the DEA
"DEA had raised red signals of the likely collapse of IL&FS and had expressed its deep conce…
PTI
2 mins read
India’s central bank is on high alert amid fears of a ₹8.5 billion default by housing finance major
The Reserve Bank of India (RBI) governor Shaktikanta Das today said that the central bank could ste…
4 mins read
India's 'Lehman moment' seems closer than ever as top mutual funds defer dues to investors
When an investor buys a mutual fund, specifically invests in a fund that lends money to corporate b…
3 mins read
SEBI and RBI to tighten credit agencies’ biz models, to avoid another IL&FS
They are also in favour of a Chinese wall between the agencies and management of the client. …
2 mins read
LIC executives are being investigated by India’s corporate fraud agency for their role in the IL&FS crisis
The investigation into Infrastructure Leasing & Financial Services (IL&FS) deepens. …
2 mins read
Here’s why less than 1% of India’s companies would get a top credit rating by global standards
In a statement that could set alarm bells ringing, CRISIL said that less than 1% of 32,500 ratin…
2 mins read
India’s securities regulator is forcing rating agencies to comply with stricter assessment norms to prevent a repeat of the IL&FS crisis
In the wake of the collapse of IL&FS, wherein India’s largest infrastructure lender defaulte…
3 mins read
As India’s shadow banks brace for a tough 2019, the central bank and government will try and prevent a repeat of the IL&FS crisis by solving the data problem
One of the big stories emanating from the Indian banking sector last year was the repeated defaul…
2 mins read
HSBC moves to liquidate IL&FS company in Singapore court
The application has been listed for hearing on March 20 and "any creditor or contributory of …
PTI
3 mins read
In the IL&FS scam, auditors will not be left off the hook for their role
The NCLT is empowered to pass order to implead them under Section 242 of the Companies Act, 20…
PTI
1 min read
NCLT approves IL&FS stake sale in GIFTCL to Gujarat govt
"In view of the relief sought by the applicant, this bench hereby approved that sale of shares of …
PTI
1 min read
Corp Affairs Min reviews IL&FS resolution progress
New Delhi, Dec 13 () The corporate affairs ministry this week reviewed the steps taken to address t…
PTI
2 mins read
Sebi mulls raising penalty on rating agencies in IL&FS case
Sebi, in its order, had noted that the exposure of IL&FS at the relevant times was critical to…
PTI
2 mins read
Indian pension fund says it won’t lend money to private companies
The credit crunch in the Indian economy is getting more acute by every passing day. The latest…
2 mins read
Budget 2019: RBI will regulate housing finance companies, tighten hold on NBFCs
"The National Housing Bank (NHB), besides being the refinancer and lender, is also regulator of…
2 mins read
Investors lose over $600 million in a day in one stock as the management was more optimistic than cautious
The shares of IndusInd Bank slipped by over 7% at one point on Thursday after global investment b…