Tag: Assets
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RBI bars banks, NBFCs from selling acquired stressed assets back to defaulting borrowers
The Reserve Bank of India (RBI) has issued a comprehensive prudential framework governing the acquisition and disposal of specified non-financial assets (SNFAs) acquired in...
Maharashtra Bill proposes crypto assets as recoverable property under MPID Act
Maharashtra has introduced a bill to amend the Maharashtra Protection of Interest of Depositors (MPID) Act, bringing cryptocurrency-related frauds under the law’s ambit and...
M&M Financial Services estimates Q1 disbursements up 21% at ₹15,560 crore; business assets seen rising 12%
Mahindra & Mahindra Financial Services has estimated its overall disbursements for the first quarter to increase 21% year-on-year to approximately ₹15,560 crore.The company said...
Kotak Mahindra Bank eyes acquisitions, alternative assets and financial market infrastructure to deploy surplus capital, CEO Ashok Vaswani targets faster growth and higher profitability
Kotak Mahindra Bank is looking for acquisitions, including loan portfolios, while further expanding into alternative assets and other non-banking businesses, its chief executive said,...
Ship attack revives ceasefire fears; negotiators split over $12 billion assets
US-Iran War Live Updates: Tensions in the Gulf have flared again after a merchant vessel reported coming under attack near the Strait of Hormuz,...
