The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR).
After RBI's missive on proxy lending to builders, it's time to reshuffle.
HDFC Life, which posted a consolidated net profit of Rs 281.83 crore (Rs 2.81 billion) for the quarter ended June compared with Rs 11.92 crore (Rs 119.2 million) in corresponding period last year (according to HDFC's first quarter results), has diversified its distribution mix.
A stumbling economy, a falling currency and high inflation, plus weak consumer demand, mean more and more become excess baggage.
Prior RBI permission a hurdle, given its views; business interest needs to be clearer.
Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.
New Irda rules open the way, with 5 entities getting okay to set up as repositories; firms preparing structures for switch
Commercial papers, certificates of deposit also dry up
Apart from special services from banks for their wealth management needs, HNIs are now getting offers from insurance companies, too.
Entities reluctant to get into new segment till settlement and margin issues are addressed
SBI was slow in filing and following up on winding-up cases.
In the wake of the natural disaster in Uttarakhand, the proposal for 'catastrophe insurance' is in spotlight.
Public general insurance companies to collaborate for speedy settlement of claims
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
Significant investors in government bonds FIIs have been net sellers since May 22.
They can wait, as RBI has indicated the bonds could be linked to CPI in future.
SBI says recovery process on as no court stay yet.
While new business schools come up, industry experts said the quality issue was crucial for them to survive.
Bank issues public notice with photograph in Reid & Taylor default case.
Tata Motors, Mahindra & Mahindra and Bajaj Auto have noted a rise in these incidents.