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Bank Stocks Under Pressure in India as Draft Loan Rules May Bite

Bank Stocks Under Pressure in India as Draft Loan Rules May Bite
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Sameer bhiseMenaka doshiAnup roySuresh ganapathyMacquarie group ltdIndia editionReserve bankMacquarie group

RBI lending: What s the new RBI rule giving cold sweats to lenders?

RBI lending: What s the new RBI rule giving cold sweats to lenders?
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Rikin shahSameer bhiseIndian renewable energy development agencyInfrastructure leasing financial servicesKotak mahindra bankJm financial servicesPower finance corpIndian bank associationReserve bankBajaj financePrompt corrective actionStability reportFinancial servicesCommercial operations

Worries Build Up over RBI Strictures on Infra Financing

Shares of state-owned banks, non-banking finance companies (NBFCs) and infrastructure firms plunged as much as 10% on Monday following the Reserve Bank of India s tougher draft guidelines on the financing and accounting of project loans.

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RBI: Worries build up over RBI strictures on infra financing

The proposed stricter lending criteria, with additional provisioning, are aimed at preventing accounting shocks but could potentially hurt balance sheets of these entities and exert pressure on their valuation multiples, analysts and economists said.

Tamil naduRikin shahSameer bhisePankaj pandeyLife insurance corporation of indiaCanara bankPower finance corpPunjab national bankJm financial servicesReserve bankFinance corpNational bankMangalore refineryBharat heavy electricalsLife insurance corporationMazagon dock

Poonawalla Fincorp : Transcript of conference call for Q4 result of FY24

POONAWALLA FINCORP LIMITED Q4 FY2023-24 RESULTS CONFERENCE CALL APRIL 29, 2024 MANAGEMENT: MR. ABHAY BHUTADA -.

Dhiren shahSunil samdaniPoonawalla fincorpAdar poonawallaManish chaudhariAbhay bhutadaSameer bhiseMonetary policy press conferencePoonawalla fincorp limitedInvestor relationsManaging directorExecutive directorYearning callReserve bankPost monetary policy press conferenceProfit after tax