Systemic risk for mutual funds as well in case there are large-scale redemptions
The recovery rate is twice the liquidation value of all 94 cases resolved says CRISIL.
Systemic threat to MFs in case there are large-scale redemptions
The net interest income of the mortgage lender for the quarter stood at Rs 3,161 crore against Rs 2,650 crore in Q4FY18
NCLT tells interim RP's counsel to file separate plea
NII rises 21% to Rs 1,201 cr in Q4FY19, revenue up 20% to Rs 4,655 cr; individual home loans up 18% to Rs 12,448 cr
Tribunal Makes Bawa's wife & daughter as respondents in case
Response of home buyers, accounting for 58.1% of votes, is poor
All major consumer lending products experienced double-digit percentage growth
The Enforcement Directorate is seeking to declare the promoters as fugitive offenders under the Fugitive Economic Offenders Act in a Delhi court
Beleaguered financial institution provides assets, liabilities details of four amber entities to NCLAT
After the stake sale, BoI will hold 3.91% stake in Star Union Dai-ichi Life Insurance
The composition and terms of reference of the committee would be announced shortly and the report would be out by the end of August
The new regulations will allow the insurers to charge an extra premium from policyholders who wish to buy riders with unit-linked insurance plans.
The trend of rising awareness can also be seen from sum assured as a percentage of GDP, which has moved up from 60 per cent in FY16 to 76 per cent in FY18
The total debt of Jyoti Structures involved in engineering, procurement and construction is to the tune of Rs 7010.55 crore
Section 29A of IBC says the promoters of the debt-ridden company, which is facing insolvency proceeding, cannot bid for the company
Jyoti Structures is one of the first twelve companies that faced the insolvency proceedings after the law was enacted
The regulator, however, has allowed the existing policies to remain in force which have been issued under the same clause until their expiry
In case of deposits, HDFC and PNB Housing have good chunk of total deposits