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Thursday, August 14, 2025
TopicShadow banks

Topic: Shadow banks

Modi govt approves rescue plan for Yes Bank, SBI-led consortium to inject capital

The rescue plan will throw a lifeline to Yes Bank which has been struggling to raise capital since the middle of last year, as it has faced a surge in bad loans.

NBFC crisis is beginning to ease but long way from resolution

Revitalisation of NBFCs is key to helping staunch a further slowdown in the nation’s economy.

Kotak halts bid for Altico as India struggles with shadow banking crisis

Altico Capital India Ltd. is one of the latest caught up in India's shadow banking crisis that started in 2018.

Apollo, Varde pull out of bidding race for shadow lender Altico Capital

Both the firms pull out because they were unwilling to meet creditor demands to inject as much as Rs 2,000 crore of fresh equity into Altico.

Banks to get Rs 54,000 crore bonanza this month from bankruptcy recoveries

Banks are expected to benefit from bankruptcy recovery process from Essar Steel, Prayagraj Power Generation, Ruchi Soya and RattanIndia Power.

Yes Bank’s loss exceeds estimates as it battles bad loans, suffers corporate tax-hit

Yes Bank reported a loss of Rs 600 crore for the three months compared to analysts' expectation of Rs 400 crore.

India’s economic slump is structural, not just cyclical

The Indian economy is facing a perfect storm, beset by a combination of cyclical and structural factors that makes recovery doubly difficult.

S&P warns of increased contagion risk in India’s financial sector

S&P said if an Indian bank got into trouble, the contagion could spread to other banks “perceived to be struggling” with the same problems as failing banks.

NBFC crisis expected to haunt stock markets again

Debt concerns at lenders Indiabulls & PMC Bank and worries a clean-up in corporate debt could be prolonged, have spooked financial markets.

Yes Bank slump, lowest in a decade, sparks selloff

Yes Bank is among lenders worst affected by the shadow banking crisis, which has seen small- and mid-sized lenders being hit the hardest.

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.