Capital First, Capital First Home Finance and Capital First Securities are proposed to be merged with IDFC Bank. IDFC Bank will seek shareholders’ nod next month to change its name to IDFC First Bank Ltd as part of an amalgamation. Capital First, Capital First Home Finance and Capital First Securities...
But unless policymaking is conducive to private investment, we will have problems like we are facing today,” Kumar told a conference on corporate governance organised by an advisory floated by ex-Sebi chairman M Damodaran. State Bank chairman Rajnish Kumar Thursday blamed some adverse policy interventions for the flight of...
India’s NBFCs, loosely known as shadow banks, are facing stress on their balance sheets after a debt crisis hit a large infrastructure funding company in September India’s central bank on Thursday relaxed rules for non-banking financial companies (NBFCs) to sell or securitise their loan books, in a bid to...