Ongoing economic and pandemic-related challenges have pushed household finances to the brink for many. Many have had to dip into savings to meet ends; many others have had to borrow. Borrowing is rel...

Non-banking finance companies (NBFCs) could face a cash flow mismatch with the Reserve Bank of India allowing a one-way restructuring of advances, a senior industry representative said. NBFCs are con...

Two nationwide bank employee strikes juxtaposed with Xmas holidays will translate into a nearly week-long bank closure in Jharkhand from Friday, a predicament that has left customers particularly trad...

Tata Steel has managed to generate positive free cash flow for the first time in more than a decade as the company’s strategy to re-focus squarely on the Indian market is beginning to pay off.The co...

Banks are finding the assessment of the credit risks of borrowers a bigger challenge than disbursement on account of uncertain cash flow.“The constraint for banks today in lending is credit quality....

Moody’s Investors Service (Moody’s) has placed on review the ratings of Bharti Airtel for a downgrade. Bharti Airtel now has a Baa3 rating, which is the lowest investment grade from Moody’s. The...

The RBI on Tuesday provided state governments a greater leeway on overdraft facilities to enable them to manage their cash flow mismatches as Covid-19 plays havoc on the economy. States and union terr...

The finance ministry has asked both public and private sector banks to ensure adequate liquidity at the branches and ATMs and at the banking correspondent level while maintaining social distancing.“...

Dewan Housing Finance Ltd (DHFL) has been able to pay only a portion of its dues vis-à-vis some commercial papers (CPs) that matured on Tuesday.In a late evening filing with the stock exchanges, the ...