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NBFC TAX IRREGULARITIES
CAG flags tax irregularities by banks, NBFCsThe audit identified 1,847 observations, including 671 systemic issues and 533 compliance lapses. The largest discrepancies related to impr...- ET AI Conclave & Awards 2025: How L&T Finance is rewiring lendingAt the ET AI Conclave & Awards 2025 in Bengaluru, Dr. Debarag Banerjee, Chief AI Data Officer at L&T Finance, unveiled how AI tools such as...
- IREDA Q1 Results: PAT falls 36% YoY to Rs 247 crore, interest income grows 29%Ireda Q1 Results: State-run Indian Renewable Energy Development Agency (IREDA) on Thursday reported a 36% fall in its Q1FY26 standalone net...
- Year-ender 2024: Five big bangs that shook the corporate world in 2024Corporate Year Ender: 2024 was a transformative year for corporate India, marked by significant mergers, record-breaking IPOs, regulatory a...
- From Data to Dollars: How AI enhances credit decisioning for MSMEsArtificial intelligence (AI) is poised to transform credit decisioning, by enabling lenders to start lending to broader segments of MSMEs w...
- Kinara Capital's resilient model gives it 51% profit rise despite distress in fintech sectorThe fintech company has been profitable even when the customer segment was disproportionately impacted, says Hardika Shah, Founder & CEO of...
- Govt should encourage MSME-focused procurement: GAME’s Ravi VenkatesanAddressing access to finance and mitigating delayed payments hold the key to MSMEs’ growth in the country, says Ravi Venkatesan, GAME’s fou...
- Co-lending deals now come under taxman's lensIn the past one month, the department has sent multiple queries to more than a dozen banks and is likely to follow up with questions to NBF...
- ED searches Mumbai offices of Deloitte India, KPMG unitThe ED searched the Mumbai offices of Deloitte Haskins & Sells (DHS), the Indian arm of Deloitte, and KPMG associate firm BSR & Co. DHS had...
- IFCI & EY to help streamline ₹10,000-crore FAME schemeThe Ministry of Heavy Industries (MHI), which is overseeing the scheme, has hired IFCI as the project manager for the programme, people in ...
- 6 reasons why you should not buy property via Power of AttorneyGoverned under the Contract Act and read with the Power of Attorney Act,1882, a PoA is a legal document through which a person nominates an...
- Stocks in the news: LIC, Airtel, Raymond, ACC, AB Capital and Century PlyBharti Airtel, Indian Oil , DLF, PI Industries, Abbott India, GMR Infra, Dr Lal Pathlabs, Kajaria Ceramics, IRB Infra, Zydus Wellness, EID ...
- Analysts go cautious on NBFCs after irregularities come upAnalysts say it is expected that some loan accounts will turn sour after restructuring and though it is too early to say whether this is a ...
- A year after IL&FS collapse: Debt, destruction and ditheringThere were high hopes after Kotak came in. But the complexities of the case soon put paid to them.
- No stimulus on horizon, stocks sink to 6-month lowThe rupee dropped 26 paise to close at 71.81 to a dollar, the lowest level since December 14.
- We can’t be too liberal; in these times it can’t be business as usual: Rajnish Kumar, SBI chairmanThe first half is always slow but this year particularly consumption credit, which was driving the credit growth of all banks, has taken a ...
- Ministry of Corporate Affairs looks to freeze IL&FS ex-directors’ propertiesThe MCA is expected to move court for freezing bank accounts and properties of some of IL&FS ex-directors.
- RBI cautions on the perils of regulatory encroachmentAcharya’s speech was a critical commentary on recent developments — both global and domestic.
- CII suggests action plan for revival of NBFCsCII has suggested a five-point agenda to breathe life into the country's NBFCs, which are grappling with a steep rise in NPAs and slow grow...
- Kotak Securities sees sustaining GDP growth a budget priorityKotak Securities believes that priorities of government have changed from reducing inflation rate to sustaining high GDP growth rate. FMs w...
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