Siddhi Nayak
Stories by Siddhi Nayak
India’s IndusInd taps Grant Thornton for fraud checks in accounting case
IndusInd is India's fifth-largest private lender.
India: IndusInd Bank chiefs to exit within months after accounting lapses
IndusInd is India's fifth largest private lender, with a $63 billion balance sheet.
RBI relaxes norms for Indian banks to lend to NBFCs
NBFCs are likely to tweak their funding pattern.
India’s HDB Financial Services to raise up to $1.5b in IPO
India's central bank introduced new norms in 2022 that require large NBFCs to be listed by Sept 2025.
Standard Chartered sells India personal loan business to Kotak Mahindra Bank
StanChart's personal loan book had an outstanding of $488 million as of September 30.
India’s central bank bars four non-bank lenders from issuing fresh loans
The restrictions are on Asirvad Micro Finance, Arohan Financial Services, DMI Finance, and Navi Finserv.
UBS in talks with 360 One for Indian wealth management JV: Report
The JV would help UBS to target HNIs from its existing focus on UHNIs.
Fresh off ban, India’s IIFL Finance plans $1.2b fundraise via bonds
India's central bank had ordered IIFL Finance to stop sanctioning and disbursing gold loans.
Indian NBFCs nudge RBI to review plan to raise provisions against infra loans
RBI has proposed that 5% of the total loan amount for infra projects be set aside as a provision in the construction phase.
India’s Punjab National Bank to close planned share sale to large investors: CEO
India's banks are boosting their capital base to meet a rising demand for loans.
