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Bain Capital CLO tranche defaults in post-2008 first for EuropeA European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure ...
Cantor V founder and Indian-origin California businessman Mahender Makhijani accused in $100 million fraud; sex party and blackmail claims surfaceIndian-origin businessman and founder of Cantor V Group, Mahender Makhijani, is facing a $100 million fraud investigation in California. Pr...
Gold loans rise 50% to Rs 19 lakh crore in FY26Gold jewellery loans have seen a massive 50 percent jump year-on-year, reaching ₹19 lakh crore. This makes it the fastest growing retail lo...
Delhi Government to provide collateral-free loans up to Rs 10 crore to women startupsDelhi Chief Minister Rekha Gupta announced collateral-free loans up to Rs 10 crore for women's self-help groups and startups. The governmen...
Metal stocks shine as global base metal rally lifts investor sentimentMetal stocks surged on Tuesday, mirroring a sharp rally in global base metal prices driven by supply disruptions and robust demand. Gold lo...
Shivalik Small Bank closes in on ManiBhavnam Home FinanceShivalik has received Reserve Bank of India's (RBI) approval for this acquisition while it has sought clearance from the Registrar of Compa...
Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
Manipur Shutdown: State govt addresses minor deaths, security concernsManipur's Home Minister condemned a five-day shutdown protesting the deaths of two minors, highlighting its disruption to essential service...
Repaid your car loan but unable to sell? Your vehicle may still be marked as hypothecated to the bank; you need to do this nowPaying your final car loan EMI doesn't automatically make the vehicle legally yours. Hypothecation, where the bank's name appears on your r...
DRDO drone in village in Karnataka due to technical snagThe DRDO said the technical issue is being investigated, however, there was no "collateral damage". The UAV -- TAPAS 07 A-14 -- fell outsid...
How to register a motor insurance claimTake the vehicle to the garage for repairs as soon as the accident happens. All bills issued by the garage need to be submitted to the insu...
Commercial EV makers losing business as lenders deny loans worried over resale valueThey nurse concerns over aspects such as the value of vehicles and their batteries after a few years and their overall performance,” Bengal...
Why a GST cut in autos alone may not stimulate sustainable growthIn the current situation, wholesale volumes have shrunk due to inventory correction at the dealer end.
Kupwara operation enters 17th day as army moves cautiouslyThe operation in Manigah forests was launched on November 13 by the Army following information about the presence of a group of heavily arm...
Eight alternative ways of getting funds quicklyAre asset-backed loans better than personal loans in an emergency? ET tells you what your options are for raising money at short notice.
- Lehman verdict will decide future of securitisation
A US court verdict of a case shortly, which may largely determine the future of securitisation globally, will be closely watched by markets...
- CRISIL upgrades PTC's rating from AA(so) to AA+(so) of Tata Motors
CRISIL has upgraded, to AA+(so) from AA(so), its rating on the Series A3 and A4 pass through certificates issued by BHPC Auto Securitisatio...
- CRISIL upgrades ratings on Tata Motors securitisation deal
CRISIL has upgraded to ‘AA+(so)’ from ‘AA(so)’, its rating on Series A3 and A4 pass through certificates (PTCs) issued by BHPC Auto Securit...
- CV loan pool now in downgrade list
Higher-than-expected delinquencies have led to the downgrade of another securitised pool of commercial vehicle loans.
- CRISIL downgrades ICICI CV loan
Crisil has downgraded the commercial vehicle loan receivables originated and serviced by ICICI Bank.