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Saturday, January 24, 2026
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

Controversial dog-walker IAS Sanjeev Khirwar is back in Delhi. What happened to his wife?

In 2022, athletes claimed they were asked to wind up training early at Thyagraj Stadium so that the IAS couple could walk their dog. Then came the memes and public outrage.

IndiGo profit plunges 78% as Dec meltdown with 3k flight cancellations takes a toll

Net income for InterGlobe Aviation Ltd slipped 78 percent to Rs 5.5 billion for the three months ended Dec 31 compared with the year-ago period.

Rafale saga: 25 yrs of detours, deadlocks & political hesitation. Now IAF getting what it always wanted

Instead of buying more Mirages outright in early 2000s, the requirement was tweaked in favour of a medium-weight, multi-role fighter with Mirage-like performance. 

Pakistan se azaadi. Grow up India, stop giving it prime real estate in your psyche

Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles.