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Securitisation volume in India jumps 42% past ₹1.15 lakh cr mark in 9MFY23: Crisil

Securitisation volume in India jumped 42 per cent on-year and past the Rs 1.15 lakh crore mark in t…

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Securitisation of retail assets jumps 113% on higher credit offtake

Retail assets securitisation volumes witnessed a sharp rise of 113% year-on-year to Rs 33,000 crore…

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RBI proposes major changes in securitisation norms

The revisions in guidelines also take into account the recommendations of the Committee on Developm…

PTI   


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Securitisation volumes likely to be hit in FY21 due to COVID-19: Report

Volumes for direct assignment transactions were around Rs 1,20,000 crore in FY20 as against around…

PTI   


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SEBI proposes expansion of sustainable financial framework in securities market

In a consultation paper released on Friday, SEBI proposed that issuers, in addition to existing gre…

PTI   


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India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report

Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…

ANI   


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Public sector banks asked to reassess gold loan process amid debt risk concerns

The Ministry of Finance has written to public sector banks to reassess their gold loan procedures a…

ANI   


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IIFL Finance shares bounce back after two days of sharp fall

Shares of IIFL Finance Ltd bounced back on Thursday and climbed nearly 10 per cent after tumbling …

PTI   


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Rate hikes will not impact collections efficiency of NBFCs: ICRA

A day after the Reserve Bank delivered another rate hike, a domestic ratings agency on Thursday sai…

PTI   


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CIRP initiated in cases of DHFL, ABG Shipyard, Bhushan Power & Steel

Corporate insolvency resolution process (CIRP) was initiated in the cases of DHFL, ABG Shipyard and…

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Banks write off Rs 14.56 lakh crore NPAs in last nine financial years

Scheduled Commercial Banks (SCBs) have recovered an aggregate amount of Rs 2,04,668 crore in wr…

PTI   


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Long-time Credit Suisse shareholder Harris Associates reportedly sold its entire stake in the embattled bank

Long-time Credit Suisse shareholder Harris Associates has sold its entire stake in the Swiss bank, …

Zinya Salfiti   


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India has well-regulated and well-supervised banking sector: RBI Governor

Reserve Bank of India Governor Shaktikanta Das on Friday gave a thumbs up to the country's banking …

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Loans worth ₹10,09,511 crores written off in last five financial years: Sitharaman

Scheduled commercial banks have written off loans amounting to Rs 10,09,511 crore in the last five …

PTI   


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Haircut on cases resolved through IBC not very encouraging, says Kotak report

Haircuts on cases resolved through the Insolvency and Bankruptcy Code (IBC) are still very high, ne…

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After Russia invaded Ukraine, Credit Suisse asked investors to destroy documents linked to oligarch yacht loans, report says

Credit Suisse's letter to investors come as the US, UK, and the EU sanctioned Russian oligarchs in …

Kate Duffy   


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Chqbook.com raises USD 5 mn from Aavishkaar Capital

"Backed by a strong founding team, we are building India's first marketplace bank and will be the …

PTI   


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Freebies, home visits, campaigns and free jabs — this is how states are encouraging people to get their booster dose

In the wake of Omicron new variants, the doctors and government officials are also recommending peo…

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Parliament has competence to make laws regarding recovery of loans for cooperative banks

A five-judge Constitution bench headed by Justice Arun Mishra said, "In our opinion, the framers o…

PTI   


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BSE's RFQ platform for debt securities goes live

New Delhi, Feb 3 () Leading stock exchange BSE on Monday activated its Request for Quote Platform (…

PTI