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Infrastructure Leasing Financial Services Ltd Il Fs
Business  /  Published 13.08.19

Surety terms for bank buy of NBFC assets

The finance ministry on Tuesday has issued the guidelines for the Rs 1-lakh-crore partial guarantee scheme announced in the budget under which public-sector banks can purchase high-rated pooled assets...
By Our Special Correspondent in New Delhi

Opinion  /  Published 09.08.19

Interest rate cuts do not always work

The Reserve Bank of India’s Monetary Policy Committee has reduced the repo rate by 35 basis points down to 5.4 per cent. This is the RBI’s fourth straight reduction of the repo rate. According to ...
By The Editorial Board in

India  /  Published 04.08.19

Auto industry mess: What we won’t see

Sudhir Gharpure and his sales team sat chatting at a big Maruti Suzuki dealership on the outskirts of Mumbai some two hours after its doors had opened on a recent Saturday morning — and not a single...
By Reuters in Mumbai

Business  /  Published 25.07.19

Breather for Deloitte, BSR auditor trio

The National Company Law Tribunal on Thursday (NCLT) stayed its own order allowing the government to prosecute the three partners of Deloitte and BSR Associates for their alleged culpability in the IL...
By Our Special Correspondent in Mumbai

Jharkhand  /  Published 06.07.19

Upgrade plans delayed in steel city

Work to upgrade the power distribution system in urban and industrial areas of the steel city and neighbouring Adityapur is likely to be delayed again as Jharkhand Bijli Vitran Nigam (JBVNL) has been ...
By Kumud Jenamani in Jamshedpur

Business  /  Published 27.06.19

Sebi reins in liquid funds

The Securities and Exchange Board of India (Sebi) on Thursday tightened its investment rules for liquid mutual funds to improve investor confidence following the NBFC crisis that triggered a wave of ...
By Our Special Correspondent in Mumbai

Opinion  /  Published 14.06.19

Putting the NBFCs' house back in order

The crisis that engulfed non-banking finance companies in September last year is now rippling through other sectors of the economy, including banking, mutual funds and real estate, threatening to leav...
By The Editorial Board in

Business  /  Published 22.05.19

IndusInd net plunges

During the quarter, it made a provisioning of Rs 1,253 crore towards IL&FS Group. For the full year, provisions stood at Rs 1,803 crore.It has a 70 per cent provisioning for exposure to the holdin...
By Our Bureau in Mumbai

Business  /  Published 02.10.18

Infographic: IL&FS crash course

The central government has superseded the board of Infrastructure Leasing & Financial Services Ltd (IL&FS) at a time the Narendra Modi regime has been under fire for doing nothing to quell the...
By Our Bureau and Taranveer Singh in

Business  /  Published 02.05.19

Bandhan Bank net leaps 68%

Bandhan Bank on Thursday reported a 67.78 per cent growth in net profit for the quarter ended March 31, 2019, aided by a growth in both interest and non-interest incomes. The microlender turned commer...
By Our Bureau in Mumbai


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