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:......

Sebi asks Indiabulls to take a few corrective measures

Market regulator Securities and Exchange Board of India (Sebi) in its investigation against Indiabulls Housing Finance has found the mortgage financier non-compliant with regards to unavailability......

'For us, there is no hurry to grow fast'

'In the business of money, where you are regulated, the liability lies on the head of the acquirer.''It is not a good thing when you cannot spot the risks.' Illustration: Dominic Xavier/Rediff.com......

How IL&FS crisis has impacted non-banking finance companies

For non-banks, the IL&FS crisis was nothing short of India’s Lehman moment, which has for a foreseeable future reset the sector on multiple grounds. Two and a half years after the......