Thursday, 18 August, 2022
TopicLoans

Topic: Loans

Festive spirit does little to revive animal spirits in India

Overall activity indicator compiled by Bloomberg shows sharp drop in a liquidity indicator & slowing growth in infrastructure industries. Mumbai: A banking liquidity crunch and...

These are the terms of the truce between the RBI & Modi govt

The RBI has agreed to look into longstanding demands of the government, including easing of lending norms.  

IL&FS effect slams brakes on runaway growth of non-bank finance companies

RBI is looking at strengthening guidelines for non-bank lenders to avoid rollover risks after the IL&FS defaults.

Billionaire Adani nearing acquisition of GMR power plant

Adani Power Ltd will reportedly take over about 38 billion rupees of loans out of a total of 58 billion rupees that GMR Chhattisgarh Energy Ltd owes.

Supreme Court gives temporary relief to cash-strapped power sector producers

Power producers had previously challenged RBI’s revised debt servicing rules, which they allege can push nearly 75 gigawatts of projects into bankruptcy.

Barclays contemplating comeback in consumer banking in India

The UK bank intends to rebuild the retail banking operation in India by strengthening deposits and offering loans digitally. 

Reliance plans to expand consumer biz by raising Rs 40,000 crore in fresh debt

Reliance plans to raise funds through bonds and loans even as its total debt trebled in the last five years. 

Blackstone’s first-of-a-kind India IPO confronts rate jitters

Firm’s IPO may raise as much as $1 billion but could be delayed should investors demand a higher-than-expected yield.

ICICI Bank to probe conflict of interest allegations against Chanda Kochhar

The board, which had expressed confidence in Kochhar last month, said the probe will be conducted by an independent person.

On Camera

YourTurn

Bihar Chief minister Nitish Kumar with Deputy CM Tejaswi Yadav | ANI File Photo

Operation Lantern fails to light up in Bihar. And BJP in search of a Brahmin face in UP

The no-fuss change of government in Bihar, without horse-trading or MLAs in resorts, has prompted a coalition partner to request the CM to make arrangements for a trip to a hill station.
Farmers plant paddy saplings in a field | PTI Photo

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes

Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.

Defence

(From left) Defence Minister Rajnath Singh, External Affairs Minister S. Jaishankar, US Secretary of Defence Lloyd J. Austin and US Secretary of State Antony Blinken after the India-US 2+2 Ministerial Dialogue, in Washington, 12 April, 2022 | Credit: ANI Photo/ PIB

USAF secy needs Pentagon escort but Indian attaché doesn’t — that’s how deep India-US ties are

Frank Kendall, Secretary of the US Air Force, says the unescorted access to Pentagon for Indian defence attaché 'is aligned with the trust and cooperation we share'.
NI 13.08

Tiranga vs Tiranga: Gloves are off as Kejriwal joins the ‘nationalism’ battle with Modi

Kejriwal’s maun vrat on Modi has ended. This is an important turn in Indian politics. In some ways rivalling the dramatic turn in Bihar.
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