15 large NBFCs to comply with enhanced regulatory norms: RBI

Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements. Photograph:......

Tighter dud-loan norms: Shadow banks brace for headwinds

On November 12, 2021, the Reserve Bank of India (RBI) decided to ring in uniformity in asset classification and income recognition across all lending institutions. Illustration: Dominic......

How safe is Maruti's S-Presso mini SUV?

Maruti S-Presso got zero star for adult occupant protection and two stars for child occupant protection. Maruti Suzuki S-Presso, a mini SUV, did poorly in a safety test conducted by Global New Car......

Increase import duty on tyres to 20%

During 2013-14, tyre demand is estimated to have grown by a muted 1%, largely aided by two-wheelers and tractors, even as demand from LCV and PV segments fell. This follows a 2% de-growth witnessed......