Latest News on Lenders
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Lenders - Total results - 63
Feb 18, 2018
PNB fraud: Assocham calls for privatisation of public sector banks, asks govt to surrender majority controlAssocham said that the government should surrender its majority control of banks, which should be allowed to function like private sector lenders.
Feb 14, 2018
RBI overhauling bad loan rules is a wake-up call for banks, says DFS secy Rajiv KumarBankers said RBI wants IBC main tool for resolution where banks fails to reach a consensus.
Feb 13, 2018
Govt lauds RBI's stricter rules to tackle bad loans, says it is a wake up call for loan defaultersRevised framework has specified norms for 'early identification' of stressed assets, timelines for implementation of resolution plans
Jan 05, 2018
Bank bailout using taxpayers' money is not an ideal situation, says Finance minister Arun JaitleyReckless lending by banks during the boom years in the previous UPA government led to accumulation of huge non-performing assets (NPAs), or bad loans, in the Indian banking system.
Jan 02, 2018
Bandhan Bank files for Rs 2,500 cr IPO: Charting the institution's growth from a micro lender to bankIn April 2014, Bandhan was one of the two entities, another was IDFC, that won banking licence from the RBI defeating big companies in the fray
Dec 23, 2017
Operation Blade: Kerala police arrests 26 accused of running illegal money lending rackets in massive crackdownPolice busted illegal money lending rackets in Kerala, raiding 360 places in four districts and arresting 26 persons allegedly involved in the business
Dec 07, 2017
Kingfisher loan case: Banks made a mistake by not accepting Vijay Mallya’s settlement offer, says former SBI executiveLenders have intensified their legal battle with Vijay Mallya after the liquor baron left the country in March, 2016
Nov 22, 2017
China clamps down on lightly regulated online micro-lending market; shares of US-listed firms slipOn Tuesday, shares of China Commercial Credit Inc ended down 8.8 percent and PPDAI Group slumped 14 percent.
Oct 05, 2017
Lenders, borrowers cannot have exposure of over Rs 10 lakh on P2P platforms: RBIThe Non-Banking Financial Company Peer to Peer Lending Platform (Reserve Bank) Directions, 2017, have come into force with immediate effect.
Sep 11, 2017
SC asks Jaypee to deposit Rs 2,000 cr, directs IRP to protect homebuyers, creditors' interestsAround 32,000 persons had booked flats in the projects of Jaypee Infratech.