15 large NBFCs to comply with enhanced regulatory norms: RBI

Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements. Photograph:......

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......

DHFL acquisition: Piramal Group pays Rs 34,250 cr to creditors

Piramal Enterprises (PEL) on Wednesday said it has completed the acquisition of Dewan Housing Finance (DHFL) by paying Rs 34,250 crore to creditors of the housing finance company. The company said......

Piramal group gets RBI nod for DHFL acquisition

Piramal Group on Thursday said the Reserve Bank is understood to have cleared the resolution plan for debt-ridden DHFL as approved by the Committee of Creditors (CoC). Illustration: Uttam......