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Sunday, October 12, 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

If fundamental right to property can be taken away, so can all the others: AG Mulgaokar

If this step even partially achieves its desired results, there will be so much dislocation in the country’s economic structure as to prove a national calamity, advocate AG Mulgaokar wrote in 1969.

Niti Aayog recommends fully decriminalising 12 offences under new I-T Act to ‘foster more trust’

Recommendations appear in Niti Aayog’s Tax Policy Working Paper Series–II. It says there is a need to shift away from fear-based enforcement to trust-based governance.

India, UK sign £350 mn deal for Martlet. What are these Lightweight Multirole Missiles

In service with the British military since 2019, it is also known as the Martlet missile. Ukrainians have also deployed these missiles against Russian troops.

CJI, IPS, IAS & Homebound: A wake-up call 75 years in the making

Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.