Government Approves Special Liquidity Scheme For Non-Banking Lenders

Government has approved a special liquidity scheme for NBFCs and HFCs The government on Wednesday approved a special scheme to improve the liquidity position of non-banking finance companies (NBFCs) and … Read More

Too-Big-To-Fail Banks (Goldman Sachs, HSBC, Deutsche Bank) Mostly A Thing Of The Past, Says FSB

The Financial Stability Board coordinates regulation for the Group of 20 rich and emerging economies London: Reforms to the global financial system following the banking crisis a decade ago have … Read More

Impact of Coronavirus on House Loans Asset Quality Of India’s Housing Lenders Likely To Worsen, Says Rating Agency ICRA

Non -performing assets in housing segment are likely to rise Indian housing finance companies (HFCs) are likely to face worsening of asset quality this year, with about 30 per centĀ of … Read More

1540 Cooperative Banks To Be Brought Under RBI’s Supervision Cabinet Meeting Decision

Cooperative banks have been brought under RBI’s supervision The government on Wednesday announced that all cooperative and multi-state cooperative banks will be brought under the supervision of Reserve Bank of … Read More

Interest On Interest On Loan EMI Top Court Asks Centre If Banks Can Charge Interest On Deferred EMI

The Supreme Court on Wednesday pulled up the central government over the issue of interest waiver on loan EMIs deferred due to the coronavirus-induced lockdown. The top court directed the … Read More

Banking Shares Flat Ahead Of Supreme Court Hearing On Interest Waiver During Loan Moratorium

Banking shares were largely flat on Wednesday, ahead of the Supreme Court’s ruling on whether interest should be waived on loan repayments deferred due to the coronavirus-induced lockdown. The National … Read More

Approached By Clix Capital For Buying “Significant Stake” Says Lakshmi Vilas Bank

Clix Capital has approached Lakshmi Vilas Bank for buying significant stake Private lender Lakshmi Vilas Bank (LVB) said on Monday it had been approached by Clix Capital but gave no … Read More