NBFCs Are No Longer Shadow Banks

New norms are in place to strengthen regulations for this set of lenders which has been playing a critical role in Asia's third largest economy, notes Tamal Bandyopadhyay. Illustration: Dominic......

Can This Banker Get Srei Back To Business?

A lot depends on how Srei shapes up under the new administrator and his team, which is critical for investors' interest.Manojit Saha reports. IMAGE: Rajneesh Sharma, administrator for the Srei......

'We didn't expect such retaliation by bankers'

'We went to the NCLT to facilitate payment and in our wildest dreams we had not imagined that this would result in such a severe action.' Photograph: PTI Photo A day after the RBI superseded the......

Superseding boards of two Srei cos won't roil markets

Superseding the boards of two non-banking financial companies (NBFCs) in the Srei group will neither create liquidity challenges for sound entities, nor build systemic crises because the markets......