Business  /  Published 03.12.18

NBFC crisis deepens realty gloom

Timely completion of under-construction housing projects and rollout of new ones could take a hit following the liquidity crunch faced by non-banking financial companies (NBFCs), which had become the ...
By Sambit Saha in Calcutta

Business  /  Published 28.11.18

IL&FS to sell renewable energy assets

The Infrastructure Leasing & Financial Services (IL&FS) group on Wednesday said it has initiated a process to sell its stake in the renewable energy business.It owns wind power plants with a c...
By Our Special Correspondent in Mumbai

Business  /  Published 23.11.18

Car sales lack festive fervour

Domestic automobile retail sales in the festive season declined 11 per cent this year because of a dip in the offtake of passenger vehicles and two-wheelers.The Federation of Automobile Dealers Associ...
By Our Special Correspondent in Calcutta

Business  /  Published 09.06.20

SC to decide if NBFCs can offer moratorium

The Supreme Court on Tuesday listed for hearing on Friday a petition seeking clarification on whether NBFCs can give a moratorium on their loans. A circular by the RBI dated March 27 has allowed banks...
By Our Legal Correspondent in New Delhi

Business  /  Published 10.04.20

NBFC loan relief plan takes shape

Banks are working on a plan to offer NBFCs a three-month moratorium on their loans as the sector has been severely hit by the nationwide lockdown.The Indian Banks’ Association (IBA) is yet to reach...
By TT Bureau in Mumbai


Business  /  Published 22.10.18

SBI board clears plans to raise cash

By Our Special Correspondent in Mumbai

Business  /  Published 21.05.20

NBFCs unhappy with tenure

The special liquidity scheme worth Rs 30,000 crore for stressed non-banking financial companies (NBFCs) and housing finance companies (HFCs), whose financials further deteriorated because of the Covid...
By Our Special Correspondent in New Delhi


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