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Gagan Banga

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  • Business

'I have raised Rs 90,000 crore'

'The ship has been stabilised.''For the last 6-7 quarters, profitability is stable around Rs 250-Rs 300 crore.' Photograph: Kind courtesy Indiabulls HomeLoans/Instagram Sameer Gehlaut (promoter),......

Indiabulls sacks over 2,000 employees to control expenses

Scores of employees took to social media to express disappointment and said they were asked to resign over WhatsApp calls. On Twitter, some said they had been asked to resign by May 31 and that......

Indiabulls-LVB merger: It's a clear no from Mint Road

Last month, the bank was placed under Prompt Corrective Action due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years.......

RBI asks NBFCs to boost high quality liquid assets

An NBFC must actively manage its collateral positions, differentiating between encumbered and unencumbered assets, and monitor such assets so that they can be mobilised in a timely manner, central......

Modi's low-cost housing push is good news for banks, NBFCs

The prime minister's sop is expected to give a massive boost to priority-sector housing loans, thereby pulling the entire housing loan portfolio of banks. The prime minister's push towards......

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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