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  • loan recovery.
    Prudhviraj Rupavath
    Suicide Deaths Mount after Unregulated Lending Apps Resort to Exploitative Recovery Practices
    26 Dec 2020
    About 2,313 cases of loan frauds have been reported in the last four years
  • No Minimum Wage, No Maternity Leave: How NBFCs in Kerala are Exploiting Employees
    Shilpa Shaji
    No Minimum Wage, No Maternity Leave: How NBFCs in Kerala are Exploiting Employees
    27 Oct 2020
    Muthoot Finance and Manappuram Finance, two leading NBFCs, have been witnessing large scale protests by their employees against anti-worker policies.
  • Banks’ Gross NPAs May Rise to 14.7% Due to COVID-19 Pandemic: RBI
    Prudhviraj Rupavath
    Banks’ Gross NPAs May Rise to 14.7% Due to COVID-19 Pandemic: RBI
    25 Jul 2020
    The central bank’s survey found that three sectors -- tourism and hospitality; construction and real estate; and aviation -- have been adversely affected by the COVID-19 pandemic.
  • NPAs May Zoom up to 14% Due to COVID-19, Loan Recasts to Only Defer Problem: S&P
    PTI
    NPAs May Zoom up to 14% Due to COVID-19, Loan Recasts to Only Defer Problem: S&P
    30 Jun 2020
    Non-bank finance companies will be more hit as compared to banks because of lending to weaker sections, reliance on wholesale funding, and liquidity difficulties, said the global rating agency.
  • RBI’s COVID-19 Relief Measures for NBFCs Do Not Address NPA Concerns
    RBI’s COVID-19 Relief Measures for NBFCs Do Not Address NPA Concerns
    17 Apr 2020
    The central bank is again silent on whether scheduled commercial banks can extend moratorium to NBFCs which have combined debt of Rs 1.7 lakh crore maturing by June 2020.
  • COVID-19: Banks in India to Witness Spike in Credit Costs, NPAs in 2020, Says S&P Report
    PTI
    COVID-19: Banks in India to Witness Spike in Credit Costs, NPAs in 2020, Says S&P Report
    06 Apr 2020
    Credit Analyst Gavin Gunning said there were concerns that the coronavirus will spread faster, further, and for longer.
  • SEBI Probe Finds 3 Rating Agencies Guilty in IL&FS Case, Fines Rs 25 Lakh Each
    Newsclick Report
    SEBI Probe Finds 3 Rating Agencies Guilty in IL&FS Case, Fines Rs 25 Lakh Each
    28 Dec 2019
    ICRA Ltd, India Ratings & Research and Care Ratings were found to have given positive ratings till mid-2018 despite several warnings by IL&FS statutory auditors.
  • Power Sector Engineers to Strike
    Newsclick Report
    Power Sector Engineers to Strike on January 8 Against Privatisation Move
    25 Nov 2019
    The government wants to introduce multiple private supply licensees for power distribution across the country. Meanwhile, the UP government has agreed to underwrite the unrecovered amount of the PF…
  • Subash Chandra
    Newsclick Report
    Uncertainty over Another Standstill Agreement of Essel Group with Lenders
    21 Sep 2019
    Of the total of Rs 7,500 dues to these lenders, the Group has repaid only Rs 3,356 crore.
  • Crisis Brewing in Anil Ambani’s Reliance As Lenders Sell Pledged Shares
    Crisis Brewing in Anil Ambani’s Reliance As Lenders Sell Pledged Shares
    09 Feb 2019
    The crisis will further intensify if other lenders choose to invoke rights and sell pledged shares.
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