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PMC Bank depositor ends life, another dies of heart attack

A depositor of scam-hit Punjab and Maharashtra Bank Cooperative Bank allegedly committed suicide in Mumbai, while another died of a heart attack a few hours after taking part in a protest by bank......

ED summons Raj Thackeray; MNS says political vendetta

The Enforcement Directorate has issued summons to Maharashtra Navnirman Sena chief Raj Thackeray in connection with a money laundering probe, evoking a sharp reaction from the party,......

Trump's former lawyer sentenced to 3 years in prison

Donald Trump's former lawyer Michael Cohen was sentenced to three years of imprisonment on Wednesday on multiple charges, including campaign finance violations for paying hush-money to two women......

The Malayali Christian who built a mosque in the UAE

'It made me sad that these people had to spend a minimum of 20 dirhams from the meagre 800 dirhams they get, to pray.''God had helped me many times in my life, it was my duty to help these......

3 directors of PMC Bank arrested

The EOW suspects a nexus between some of the accused and HDIL, whose mammoth loan defaults are said to have caused a liquidity crisis at the bank, leading to appointment of administrator by RBI and......

How to revive the real estate sector

'The government has to stop trying to fix things for lenders, projects, homeowners and developers and think instead about how to fix the market for houses,' says Mihir S Sharma.Illustration:......

How to give the economy some animal spirit

Fix India's real estate sector. Fix India's public sector banks, advises Tamal Bandyopadhyay.Illustration: Dominic Xavier/Rediff.com   This is an apocryphal story narrated by Rabindranath......

Why did India's building craze halt?

'The real estate sector has been badly bruised because it has become too reliant on funding from NBFCs, including housing finance companies. 'When the NBFC industry was rocked late last year by a......

The real problem behind Yes Bank's woes

The operating environment is unpredictable, but if the bank can’t give a clear picture of what’s in store, calling the bottoming out of its asset quality stress is nearly impossible.......
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RBI stumps real estate sectors expectations by maintaining status quo

Expected rate cut of 25 bps would have caused home loan values to fall below 8 per cent for first time ever, says Ananrock Chairman ...

https://www.thehindubusinessline.com/news/real-estate/rbi-stumps-real-estate-sectors-expectations-by-maintaining-status-quo/article30184690.ece
Loans worth $14 bn under #39;severe#39; stress, says study

The entire severe stressed loan value in real estate is spread across more than 50 developers, says a report ...

https://www.moneycontrol.com/news/real-estate/troublerealty-loans-worth-3614-bn-under-39severe39-stress-says-study_13236141.html
Yes Bank seeks up to $2 billion in preferential new share issue

Yes Bank Ltd aims to raise up to $2 billion in a massive issue of new shares to institutional investors and wealth managers as it soaks up the... ...

http://feeds.reuters.com/~r/reuters/INtopNews/~3/ZGY0Nf_-gow/yes-bank-seeks-up-to-2-billion-in-preferential-new-share-issue-idINKBN1Y405I
Sensex Slumps 450 Points; Tata Steel & ONGC Top Losers

Posted by Equitymaster Share markets in India have extended early losses and are presently trading deep in the red. Investors turned cautious ahead... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/ljPdGp20kBc/tm.asp
Report

In a bid to help the non-banking finance companies (NBFCs) and real estate companies, the Centre is considering more relief measures for both... ...

https://www.ndtv.com/business/government-plans-more-measures-for-realty-sector-shadow-lenders-report-2140315

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