NCLT Declares Venugopal Dhoot Bankrupt: A Milestone for IBC Recoveries
The NCLT bankruptcy order against Venugopal Dhoot signals a shift in personal guarantee enforcement, impacting recovery strategies for Indian institutional lenders.
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Aadhar Housing Finance Reports Second Quarter of Asset Quality Stress
Aadhar Housing Finance sees consecutive rise in Stage 3 assets, signaling potential stress migration into the secured affordable housing segment for Indian NBFCs.
Read articleRBI Consolidates Cyber Resilience Rules for Non-Bank PSOs
The RBI’s Master Directions for non-bank PSOs mandate a shift to 'security-by-design,' increasing compliance costs and board-level accountability for digital payment security.
Read articleLIC Signals Resilience Amid IRDAI Proposed Commission Caps
LIC expects limited impact from proposed IRDAI commission caps due to existing cost controls, setting a benchmark for private insurers managing distribution expenses.
Read articleNBFC Credit Growth Trends: Gold Loans Surge 66% as Industry Lags
NBFC credit grew 15.4% YoY in September, fueled by a 66% rise in gold loans, while industrial lending remains sluggish, shifting focus to retail assets.
Read articleIndusInd Bank Integrates JP Morgan Xpedite for Global Remittances
IndusInd Bank partners with JP Morgan Payments to automate cross-border transfers across 123 currencies using the Xpedite solution for streamlined treasury workflows.
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