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Sunday, February 22, 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

Youth Congress, your foolish protest helped the Modi govt climb out of the AI summit hole

In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

MoD, IAF agree on some exemptions to HAL for Tejas Mk1A, but no compromise on ‘must-have’ capabilities

IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.