Page 95 - Subrata Panda/workspace/business Standard Web/video

NHB's new rules for HFCs will force many to revisit plot they occupy now

In case of deposits, HDFC and PNB Housing have good chunk of total deposits

Bombay High Court defers Kotak vs RBI matter to April 1

The bank had sought interim protection from the RBI directive and proposed capping of voting rights of the promoters

DHFL did not promote any shell companies, says audit report

The independent audit report is on 39 of the 64 allegations levelled against the housing finance company by a news agency

NBFCs looking at offshore funds to diversify borrowing sources

The relaxation in the ECBs and masala bonds norms has made it attractive for the NBFCs and HFCs to tap into the offshore credit market for funds

Do not depend only on ratings; use your own judgment too: Irdai to insurers

Many insurance companies have exposures to the beleaguered IL&FS group as part of their investment portfolio

National Housing Bank proposes tighter norms for HFCs; caps borrowing

Experts believe this is also been seen as step to bring NBFCs and HFCs on the same page when it comes to CAR

Non-life insurers' gross premiums underwritten grow 12.65% in Apr-Jan FY19

gross direct premiums underwritten by the non-life insurers in April - January period of FY 19 was to the tune of Rs 1.39 trillion

Irdai asks all non-life insurers for a uniform standard health product

At present, health insurance products vary significantly with each other in terms of benefits offered

Fintech firm IndiaLends plans to raise more funds in 8-10 months

The firm is now looking at launching a new line of business in the e-commerce space

Kapil Wadhawan will be CEO of DHFL until a strategic partner comes on board

Harshil Mehta, who quit as joint managing director and CEO on Feb 13, to continue as Executive President-Retail Business

Life insurers record lowest growth in last three years in April-Jan period

In absolute terms, total first year premium collected by life insurers (LIC and private) amounted to Rs 1.59 trillion

Harmonisation of NBFCs to ease regulatory complications, say experts

As the IL&FS group defaulted on its debt obligations, the NBFC sector earned a bad reputation for itself and also went through a period of liquidity tightening

SoftBank invests Rs 2,800 cr in IndiaBulls Housing-backed OakNorth Bank

With this, total equity capital of Oak North bank, a British banking start-up, will rise to Rs 7,000 crore

RBI monetary policy review: Risk weights eased for bank loans to NBFCs

The relaxation in risks weights is expected to make credit cheaper for better rated NBFCs

Indian Gas fails to furnish files, NCLT orders liquidation of Reid & Taylor

The tribunal also asked the registrar and the resolution professional to put in their best efforts to ensure that the company is sold as a going concern to protect the interest of the workers.

Irdai permits testing of products under regulatory sandbox approach

Irdai has also said that there would be defined entry and eligibility criteria as well as exit parameters for the applicants

Realty, construction, power may spell more trouble to banks: India Ratings

However, lenders will be better equipped to provide for these loans as they are mainly medium-sized, up to Rs 2,000 crore per account

NCLAT asks govt for list of IL&FS firms categorised by financial position

Appoints former SC judge D K Jain as supervisor of resolution process

IRDAI asks insurers to provide for IL&FS exposure, wants mis-selling curbed

Regulator to approach GST council on reducing tax on property insurance, is upbeat about cybersecurity business

Easier norms for foreign players to up competition in reinsurance market

The sector has seen the entry of nine foreign players as well as a domestic private sector company