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Piramal, Edelweiss and other NBFCs under scanner as RBI cracks whip on loan evergreening via AIFs

Experts agree that the directive will result in NBFCs making provisions because it may not be easy to withdraw investments in AIFs within the stipulated period ....

Shyamal Kamdar , Capitalmind Deepak Shenoy , Mataprasad Pandey , Piramal Enterprises , Capital Services , Reserve Bank , Vice President , Indiabulls Housing Finance , Indiabulls Housing , Deepak Shenoy , Piramal Enterprises , Loan Evergreening , Bi Whip , Kotak Bank , Hdfc Bank ,

Moneycontrol Selects: Top stories this afternoon

Our specially curated package of the top stories to help you stay well-informed. ....

Narendra Modi , Bharatiya Janata Party , Reserve Bank , Prime Minister Narendra Modi , Financial Times , Nifty Smallcap , Christmas Past , Pm Modi ,

Edelweiss AMC steps up focus on alternatives, plans private credit fund

Edelweiss Asset Management Ltd, the company that manages Edelweiss Mutual Fund, plans to launch a private credit fund and other investment products as it sharpens .. ....

Radhika Gupta , Edelweiss Mutual Fund , Edelweiss Asset Management Ltd , Asset Management Ltd , Private Credit , Alvika Maloo ,

Outlook 2024: Mexico and Colombia's aviation sectors could have another eventful year in 2024

Mexico's aviation sector sees growth in the US market after a safety upgrade, while Colombia's industry adjusts to the exit of two airlines in 2023. ....

El Dorado , Mexico City , Distrito Federal , La Paz , United States , Peter Cerda , Enrique Beltranena , Viva Aerobus , Pratt Whitney , Edelweiss Air , Airlines Colombia , Mexico City Airport Services , Airline Leader Summit Americas , Volaris Group , Mexico City International , Centre For Aviation , Mexico City Airport Group , International Airport , Centre For Aviation Fleet Database , Times New Roman , Aviation Fleet , Mexican President Andr , Transport Ministry , Viva Air , Ultra Air , Americas Peter Cerda ,

Saraswat to offload bad loans, draws interest from top ARCs

Over 20 asset reconstruction companies and non-banking finance companies have expressed their interest in acquiring Saraswat Bank s non-performing assets. These include Acre ARC, Asset Reconstruction Company (India) and Edelweiss ARC. ....

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