Held hostage in Goa row over property, claims French actress

A 75-year-old French actor has alleged she is being held "hostage" in her house at Calangute in North Goa since earlier this week over a property dispute and finds herself in a......

Vajpayee's private secretary Shakti Sinha passes away

Shakti Sinha, former bureaucrat and academician who was private secretary to late prime minister Atal Bihari Vajpayee, passed away on Monday. He was 64. According to sources, Sinha was suffering......

RBI's new risk-weight rules likely to spur co-lending by banks, NBFCs

Co-lending deals between non-banking financial companies (NBFCs) and banks are likely to rise after the Reserve Bank of India’s (RBI’s) decision to increase the risk weight on consumer......

AMCs' contribution to backstop fund for debt MFs tops target

The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). Illustration:......

Gold loan financiers get a thumbs up from stock market investors

The stock market has reacted positively to the July-September quarter (Q2) results of the gold-focused NBFCs, Muthoot Finance, and Manappuram Finance with both stocks recommended and gaining......

eCOM, Insta EMI Card ban may hit Bajaj Finance for 1-2 qtrs: Analysts

The Reserve Bank of India's latest order prohibiting Bajaj Finance from sanctioning and disbursing loans under its 'eCOM' and 'Insta EMI Card' products may not have serious implications on the......