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Friday, August 29, 2025
TopicChinese banks

Topic: Chinese banks

‘Shadow banking’, ‘rotten tails’ & mortgage boycotts — how China’s housing market unravelled

This is the edited transcript of ThePrint CutTheClutter Episode 1363, published on 7 December 2023, on China’s housing crisis & ‘shadow banking’ sector.

Anil Ambani says his net worth is zero, can’t pay Chinese banks back

A London court has ordered Anil Ambani to pay $100 million to three Chinese banks which are seeking $700 million in defaulted loans from his RCom.

Anil Ambani’s loan default testimony ‘implausible and highly unlikely’, London judge says

The setback for Anil Ambani came in a dispute with three Chinese banks seeking $680 million in defaulted loans.

Anil Ambani has to now return $2.1 billion to Chinese banks

Anil Ambani’s RCom owes money to China Development Bank, Exim Bank of China & Industrial and Commercial Bank of China.

On Camera

How economic planning stifled India’s growth and talent

The Indian planning system did not encourage individuals based on ‘what they knew’, but on ‘whom they knew’. Many left for countries that recognised their talent.

All bets off as online gaming bill shakes industry & key players suspend ‘gambling’ on their platforms

The new law, which the government has framed as a moral duty, forced major platforms like Dream11 & Zupee to shut operations, wiping out hundreds of crores in market capitalisation. 

Post-Sindoor, joint doctrine tasks Special Forces with fighting info warfare & countering propaganda

Joint Doctrine for Special Forces Operations, released Wednesday, also outlines plans for the future expansion of AFSOD and the creation of Joint Service Training Institutes.

That Oval Office picture for ages deserves closer Indian reading, with a geopolitical lens

Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.