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GST hit HDFC Life's profit, but we will neutralise it soon: Vibha PadalkarRoad ahead Over the next two quarters, we will reduce it (GST impact) further and neutralise it. We are slightly ahead of plan, said Vibha ...- IndusInd Bank to look into 'insider trading' allegation after independent probeIndusInd Bank acknowledges an independent review flagged potential insider trading issues involving its CEO and deputy, who traded shares b...
- ARCs to see recoveries improve from stressed residential projectsARC expected to see 5-7% increase in recovery rates of stressed residential projects. Recovery rates to reach 16-18% by March 2025 due to r...
- IRDAI proposes flexible lock-in period for investors in insurance companiesEarlier, the IRDAI prescribed lock-ins based on the age of the insurer, with waivers granted only in extraneous situations. In certain case...
- Reliance General Insurance gets Rs 200 cr capital infusion from parentThe shareholders of the company at its Extraordinary General Meeting (EGM) held on July 29, 2023, have approved infusion of capital of abou...
- Reliance Capital lenders approve Rs 200 crore capital infusion in Reliance GeneralThe committee of creditors of Reliance Capital approved last week a proposal to infuse capital – a move that would help the private insurer...
- Reliance General Insurance seeks Rs 600 cr capital infusion from parentThe Committee of Creditors (CoC) is expected to discuss RGIC's request for capital infusion in its meeting soon, the sources added.
- Sebi bans Minance Investment Advisor, promoter, 2 others from capital mktsSebi, prima facie, observed that MIAPL failed to disclose the change in office address and composition of its board of directors to the reg...
- NBFC/HFC bankruptcy provisions positive for banks: Moody's"Inclusion of NBFCs into the bankruptcy code is credit positive for banks"
- Aviva Life faces IBC trial over ‘not paying landlord’Aviva is facing proceedings under the IBC, for not meeting payment obligations to the Apeejay Group.
- We need a far more robust mechanism for large NBFCs: Sanjiv Bajaj, Bajaj FinservIndia has to really create a Made in India option to Made in China for the world.
- NBFCs seeking to pass off governance, solvency issues as liquidity problem: Uday Kotak"India needs to do significant capacity building in its economic and financial sectors"
- Public sector banks recover Rs 1.2 lakh cr from bad loans in 2018-19During the first half of the previous fiscal, banks recovered Rs 60,713 crore from bad loans.
- Fear of losing a company post IBC changing credit behaviour: Krishnamurthy SubramanianThe old and new job surveys are like apples and oranges, says CEA Krishnamurthy Subramanian.
- A whole new design for financeEven as liquidity returns to the markets after the IL&FS scare, ET India Leadership Council members discuss how India could anticipate such...
- Here's what Modi needs to do to break into top 50 of World Bank's doing business indexIn areas like dealing with construction permits, enforcing contracts and registering property, where India is lagging, there is scope for i...
- Government introduces bill for bankruptcy law in ParliamentAt present, Asia's third-largest economy has competing laws with unclear jurisdictions to deal with the liquidation or revival of companies.
- Delhiites get digital lockers for storing identification documentsCitizens can now digitally store revenue department certificates as well as identification documents including Aadhaar, voter ID and drivin...
- LLPs may be penalised for delay in filing financials with co registrarLimited liability partnership (LLP), the proposed business vehicle for professionals, will have strict financial disclosure norms.
- Non-life cos adopt 'fair play' code, but that may not stop rate warGoaded by the regulator, non-life insurers have adopted a code of good business practices ahead of free-pricing.
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