NBFCs shifting funding strategy, tapping public deposits and bond

India's Non-Banking Financial Companies (NBFCs) are moving away from traditional way of bank borrowings and...

HFCs unlikely to face difficulty in complying with deposit norms

Deposit-taking housing finance companies (HFCs) are unlikely to face difficulty in complying with the Reserve Bank...

ED arrests two close associates of Pincon Group chairman

The Enforcement Directorate (ED) has arrested two close associates of the Chairman of Pincon Group, Manoranjan Roy...

ED attaches assets worth Rs 6.79 crore in PMLA case

The assets were attached under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 which include...

Banks should not use public deposits to finance risky...

New Delhi [India], March 10 (ANI): Projects with implementation risks should normally be financed by the capital...

ED attaches properties worth Rs 1489 crore in Adarsh Credit...

New Delhi [India], Oct 7 (ANI): The Enforcement Directorate (ED) on Monday attached properties total worth Rs 1,489...