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Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
IIFCL profit rises 44% to highest-ever of ₹1,552 crore in FY24
He said, for the first time, the profit before tax has crossed Rs 2,000 crore. During the yea…
PTI
Bandhan Bank Q2 profit jumps over 3-fold to Rs 721 crore
Bandhan Bank on Wednesday reported over three- fold jump in net profit at Rs 721 crore for the seco…
PTI
Charlie Munger warns of stress in the US commercial property market with banks carrying a lot of bad loans as prices slump
"A lot of real estate isn't so good anymore," Berkshire investing legend Charlie Munger told the Fi…
Carla Mozée
Here's how the government’s new debt relief scheme for small business owners will work
Individuals with an annual income of ₹60,000 or less and assets worth up to ₹20,000 are elig…
Yes Bank is denying reports that its new CEO Ravneet Gill is getting rid of its top brass.
Yes Bank is denying reports that its new CEO Ravneet Gill is getting rid of its top brass. A Mint…
India's Supreme Court order against the RBI will be a huge relief for 75 borrowers with loans worth over ₹2.4 trillion
The Supreme Court has rejected an order from the RBI which gives banks a 180-day period for the r…
A new ruling on forensic audits just gave banks more power to corner stubborn borrowers
In doing so, the NCLT established a significant precedent for future cases: a 51% vote by a comp…
India's real estate bad loans have nowhere to go but up for now, according to a major Swiss bank
However, a report published this week, by Credit Suisse has given investors a reality check for …
India’s central bank says that Yes Bank is no longer lying about its bad loans
The central bank signed off on Yes Bank’s financial statements for the year ended March 2018 in …
Yes Bank's 15-month journey from regulatory crackdown to finding a new CEO
Gill’s appointment caps a tumultuous period for Yes Bank, following a clampdown by India’s c…
The vicious circle behind bad loans. Should banks be revealing the names of the big loan defaulters?
Here is what proxy advisory firm founders- Amit Tandon, Founder & MD, IIAS and Shriram Subramanian,…
India’s central bank just gave the country’s small businesses a one-time breather from some of their bad loans — but with a few conditions
The scheme will only be applied to accounts with an outstanding value of ₹250 million or less. I…