Fintechs may shift to secure products after RBI order on consumer loans

Fintech companies believe that the impact of Reserve Bank of India's order last week on unsecured loans will be visible in six to 12 months and prompt them to diversify and strengthen their secured......

RBI tighten norms for personal loans

The Reserve Bank on Thursday tightened norms for consumer credit as it asked banks and NBFCs to assign a higher risk weight for unsecured personal loans, a move aimed at making the lenders more......

Sebi justifies 'urgent action' against Zee Entertainment in 197-page reply

In its reply to the Securities Appellate Tribunal (SAT), the Securities and Exchange Board of India (Sebi) said urgent action was warranted against the promoters of Zee Entertainment Enterprises......

Nirav Modi has been dethroned!

If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing......

When India Hosted The First Asian Games

Seventy two years ago, a newly independent India ventured to hold the the first Asian Games in Delhi with meager resources. IMAGE: A glimpse of the Chinese city of Hangzhou, the venue for the......

Football Focus: Liverpool's Mane is African Footballer of the Year

News of all that transpired on and off the football field IMAGE: Senegal's Sadio Mane receives the men's player of the year award during the African Footballer of Year Awards at Albatros Citadel......