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DEFAULT LOSS GUARANTEE
Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...
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...
Govt extends validity of Credit Guarantee Scheme for Microfinance Institutions upto August 31The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
Those willing to look beyond the fog of war: 5 large-caps from different sectors with upside potential of up to 28%The news mix could not be more confusing. On the one hand, the US House voted to halt Trump’s Iran war, and Israel and Lebanon again agreed...
Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisisBanks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...
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...
IDFC First Bank receives Rs 514.82 crore insurance payout on microfinance defaults, expects full provision write-backIDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This...
Ad slowdown dulls impact of HC relief on TV landing page revenuesBroadcasters face a tough advertising market. The Kerala High Court's decision on TV ratings provides temporary relief for cable and DTH op...
Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
Persian proverb of the day: “War first robs you of your laughter, and then your....” Why Iranian civilization believes “He who has not seen war does not know....” Lessons from old Persian wisdom: Why war erases the soul before it destroys the worldPersian proverb of the day: War does not begin with bombs. It begins with belief. A nation convinces itself that conflict is necessary. Tha...
Preserving your crypto wealth: The definitive seven step security auditDigital asset investors face significant risks due to operational negligence, with billions lost to security incidents. This article outlin...
Where’s the Indian mutual fund sector going ahead? 6 big trends to watch out forMutual fund trends highlight a structural shift in investor preference towards mid and small caps, sectoral themes, and multi-asset funds, ...
Are stricter rules holding back fintech startups? QED Investors' Nigel Morris weighs inIndia's fintech sector faces near-term challenges due to increased regulatory scrutiny, impacting early-stage startups' ability to scale. T...
Reserve Bank of India restores default loss guarantees for NBFCsNon-banking finance companies (NBFC) can now factor in DLGs when setting aside buffers for potential loan losses, provided the guarantee fo...
Co-lending norms: Tech integration could prove a hurdleFollowing the RBI's tighter regulations on co-lending, banks and NBFCs may shift towards direct assignment of assets. The new rules demand ...
RBI tightens default loss guarantee rule; NBFCs to exclude cover on fintech-sourced loansThe Reserve Bank of India has instructed finance companies to exclude default loss guarantees (DLGs) from fintech firms when provisioning f...
RBI's FLDG norms to hurt certain segments, impact volumes in near term: ReportThe Reserve Bank of India's new guidelines on first loss default guarantees (FLDG) for digital lending will provide regulatory sanctity, al...
Nod for first loss default guarantee to give a lending fillip to fintechsAll entities regulated by the central bank will have to ensure invocation of default guarantees within 120 days of a loan falling overdue, ...
RBI rules on FLDG could give lending fillip to fintechsThe Reserve Bank of India (RBI) is all set to allow fintechs to take first loss default guarantee on loans, a move that will see lending by...