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LOAN DEFAULT DISCLOSURE
Sebi penalises SME firm Kalahridhaan Trendz, promoters for misleading disclosuresKalahridhaan Trendz has been penalized by Sebi with a fine of Rs 1 crore for hiding a loan default and giving deceptive corporate announcem...
Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform pushIndia's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...
You don't need to be an accountant. You just need to ask three questionsA loss can exist long before the accounts admit it, because management decides when to admit it. This story shows how that delay works, the...
Accounting fraud: Every time, the same queue. The company, the auditor, and shareholders at the endBy the time a “going-concern” paragraph appears in an audit report, the trouble is usually several quarters old. The earlier signals are el...
RBI bars banks, NBFCs from selling acquired stressed assets back to defaulting borrowers, related partiesNew Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply t...
When Warren Buffett bought one company because of a book, and another on a handshakeHow does the world’s most careful investor buy a company with no due diligence at all? One of Warren Buffett’s acquisitions began with an a...
Devil is in the footnotes: RBI's Financial Stability Report is transparent, yet leaves some key questions unansweredThe RBI's latest financial stability report highlights a noteworthy level of transparency regarding significant economic metrics. There’s a...
Financial independence for children: How families in the US and India split the bills when adult children stay homeIn the United States, those graduating in the 21st century especially have been seeking to return to the homes of their boomer parents. In ...
India's lending boom might no longer be largely bank-ledIndia's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans fo...
AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
Sebi plans to revisit directive on loan default disclosureThe board will also consider whether the insider trading norms need to be tweaked.
Sebi revives proposal on loan default disclosureSebi’s move is aimed at ensuring that information is shared with all stakeholders at same time.
Sebi's loan default disclosure diktat likely to discipline companies on repayment habitThe Securities & Exchange Board of India has asked rating companies to downgrade any company to ‘junk’ if it misses its loan repayment.
- Disclosure on loan defaults is welcome
The High-Level Co-ordination Committee on Financial Markets is reportedly toying with manmdatory disclosure of loan defaults by listed comp...