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UNCOLLATERALIZED LOAN
Decoded: RBI attacks possible evergreening of NPAs by lenders via the AIF routeRBI has noticed investments by regulated institutions (REs including Banks, NBFCs, and FIs) in AIFs, who have also funded companies that ha...
21 Dec, 2023, 11.51 AM IST
Households in recession while the economy boomsThe surge in household liability, rising by 76% largely going into purchases of houses and automobiles was seen as a sign of rising prosper...
12 Dec, 2023, 11.22 AM IST
RBI guards against contagion risk from exuberant retail lending. 5 key takeawaysBanks and NBFCs should ensure that credit growth at the overall, sectoral, and sub-sectoral levels remain sustainable and all forms of exub...
23 Nov, 2023, 05.44 PM IST
RBI wakes up to the systemic risk from exuberant retail lendingThe complacency of lenders with respect to a potential surge in delinquencies, where households are funding ordinary consumption using reta...
17 Nov, 2023, 12.25 PM IST
RBI Governor Shaktikanta Das cautions lenders over rise in unsecured loansThe Reserve Bank of India (RBI) has called for increased scrutiny of the financial sector's rising unsecured loan exposure. The central ban...
07 Oct, 2023, 12.55 AM IST
Founder of crypto lender Celsius Network pleads not guilty to fraud chargesMashinsky was charged with seven criminal counts - including securities fraud, commodities fraud and wire fraud - according to an indictmen...
14 Jul, 2023, 07.42 AM IST
Founder of crypto lender Celsius Network Alex Mashinsky arrested, charged with fraudAlex Mashinsky was charged with seven criminal counts - including securities fraud, commodities fraud and wire fraud - while Celsius' forme...
13 Jul, 2023, 08.43 PM IST
What crisis? High-stakes crypto lending looks here to stayThree Arrows filed for bankruptcy in July and Blockchain.com told Reuters it had yet to recover a cent of its loan. The text exchange is am...
21 Sep, 2022, 11.26 AM IST
Debt mutual fund managers react to RBI’s status quo on ratesIn line with market expectations, the RBI has maintained a status quo on policy rates and has also decided to maintain an accommodative sta...
08 Apr, 2022, 02.02 PM IST
- Subrata Roy lends Rs 750 crore to Vijay Mallya's Kingfisher Airlines
The deal was directly structured by Vijay Mallya & Subrata Roy. One source said that Sahara may have asked for collaterals to secure the lo...
23 Dec, 2011, 05.17 PM IST
- Microfinance: In whose interest?
It would indeed be a pity if heavy handed ordinances stifle the growth of MFIs, ironically, with the stated purpose of protecting the same ...
16 Dec, 2010, 12.19 PM IST
- The Fed cries wolf, but Mr Market isn’t listening
Federal Reserve officials are getting a first-hand lesson in the law of diminishing returns: Try as they might, they can’t seem to get the ...
30 Nov, 2006, 12.54 AM IST