Picking the right stock is easier said than done. Especially when valuations are not cheap and noise levels are high. When we say noise lev...

The microfinance sector in India is witnessing a surge in bad loans, reaching an 18-month high of 11.6% in the September quarter. This rais...

These are among the key proposals made by the fund industry body in its representation to the Reserve Bank of India (RBI) in the wake of th...

Shares of NBFCs, like Piramal Enterprises, Indiabulls Housing Finance, and Edelweiss Financial Services, fell 5-10% on Wednesday. The Nifty...

For years, 'evergreening of loans' - throwing new loans to help a stressed or delinquent borrower repay old loans - has worried the regulat...

HFCs could see some pressure to either divest or fully provide for some assets as some of them have investments in AIFs, and those funds ha...

Three independent directors have resigned since November 22 amid allegations of mis-governance at the company. Independent directors Jayant...

As many as 26 premises are being searched in these cities by the federal agency under the criminal sections of the Prevention of Money Laun...

IndusInd Bank stock hit a low of Rs 1,050.55 on BSE on Monday morning, down 12 per cent.

At the end of September, 26,073 of these 84,000 clients were active with the loan outstanding at Rs 34 crore, which is 0.12 per cent of the...

The economic survey went on to add the audits conducted by the RBI failed to capture the evergreening at Yes Bank and LVB. Yes Bank had to ...

The executive claimed that Mackstar Marketing, a joint venture between HDIL and DE Shaw Group, was the conduit used to evergreen the loans ...

BSR said the investigators had made false allegations against the auditors without understanding accounting principles and regulations.

Evergreening is a ploy to mask loan default by giving new loans to help delinquent borrowers repay old loans.

In a series of tweets, the senior Congress leader also questioned why the present dispensation did not recall those loans, given by the pre...

Sinha cautioned banks to desist from blatant evergreening of loans or restructuring of debts as it was not good for the health of financial...

The pressure of rising bad debts is prompting banks to find innovative ways to disguise stress loans - a move which could impact banks' bal...