SEBI Revises Debt Issuance Rules: Key Changes for Companies
Debt investment managers indicate that the Securities and Exchange Board of India’s (SEBI) recent amendment, issued on 18th September, updates the 2021 regulations for companies...
Tag : NBFCs
Piramal Enterprises Stock Falls 11% in 2 Days, 52-Week Low
Piramal Enterprises shares hit a 52-week low of Rs 869.40, slipping 9% in Monday’s intra-day trade. The financial services company stock fell from its previous...
Loan Waiver Not a Benefit, Banks Exempt From 10% TDS on OTS: CBDT Clarifies
The Central Board of Direct Taxes (CBDT) has clarified in a circular that banks are not required to deduct 10% TDS on a one-time settlement...
Bajaj Finserv Dips as Bajaj Allianz Gross Direct Premium Underwritten Falls
Bajaj Finserv fell 2% on Tuesday as sentiment on Dalal Street turned negative towards non-banking financial companies (NBFCs) after reports that group company Bajaj Allianz‘s...
RBI to Strengthen Risk-Based Supervision of Banks, NBFCs
The Reserve Bank of India (RBI) uses the RBS model, including both qualitative and quantitative elements, to supervise banks, urban cooperatives banks, non-banking financial companies,...
Pandemic Impact: Loan Pool Sales Halve in FY 2021
Securitization volumes dropped by half in the fiscal year gone by, below the Rs 1 lakh crore mark, down from Rs 1.9 lakh crore clocked...