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Reliance Capital And Dewan Housing Finance Corporation

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  News for Reliance Capital And Dewan Housing Finance Corporation

  • Business

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......

RBI initiates insolvency proceedings against Reliance Capital

The RBI on Thursday filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against debt-ridden Reliance Capital at the Mumbai bench of the National Company Law......

RBI supersedes board of Reliance Capital; appoints administrator

The Reserve Bank on Monday superseded the board of Anil Ambani promoted Reliance Capital Ltd (RCL) and will shortly initiate bankruptcy proceedings against the debt-ridden NBFC in view of payment......

How IL&FS crisis has impacted non-banking finance companies

For non-banks, the IL&FS crisis was nothing short of India’s Lehman moment, which has for a foreseeable future reset the sector on multiple grounds. Two and a half years after the......

How RBI can prevent frauds

Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day.What it needs is more onsite supervision.Merely checking high-frequency data with the help of technology is......

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