Piramal sells healthcare analytics business
The deal with the U.S.-based Clarivate will give Piramal Enterprises much needed liquidity to invest in its NBFC business.
nbfc crisis
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‘Smart trucks will give us competitive advantage’
Vinod Aggarwal, MD and CEO, Volvo Eicher Commercial Vehicles, speaks about its BS VI readiness, the tech advances in the commercial vehicle segment, and the slowdown crippling the auto industry.
Muthoot Pappachan Group: Riding out the storm
How the Kerala-based lending and financial services conglomerate weathered the NBFC crisis and emerged unscathed.
Finance minister holds review meeting with bankers
FM Nirmala Sitharaman will hold similar meetings with representatives from MSMEs, auto, industry associations, financial market stakeholders, and others to address sector-specific issues.
Short-term relief for NBFCs
The government’s partial credit guarantee on asset purchases does not address investors’ long-term concerns about the sector’s exposure to stressed real estate: Fitch Ratings.
DHFL’s survival blues
The housing finance company says recent developments may raise doubts about its ability to continue as a going concern.
Markets give a thumbs down to Budget
BSE Sensex slips over 450 points on lack of consumption push.
What’s next for NBFCs after the music has stopped?
There is growing consensus that the current NBFC model has run its course. Will allowing some of them to become banks help?
