Siddhi Nayak
Stories by Siddhi Nayak
Indian non-bank lenders look beyond Paytm for loan disbursal
Loan distribution fees contributed close to a fifth of Paytm’s revenues in the latest quarter.
Paytm chief meets RBI officials, finance minister on regulatory concerns
The company has sought an extension of the Feb. 29 deadline to stop accepting new deposits in Paytm Payments Bank.
CEO seeks to reassure as Paytm stock crashes for second straight day
Since the RBI’s order on Wednesday, Paytm shares have lost 36%
Lenders to India’s Go First seek extension to insolvency process: report
The airline has received EoIs from SpiceJet promoter Ajay Singh, UAE-based Sky One and Busy Bee.
Indian airline Go First’s lenders seek bids from potential investors by Jan 31: report
SpiceJet, UAE-based Sky One, Africa-focused Safrik Investments and US-based NS Aviation have shown interest.
Cryptocurrencies can pose significant risks to emerging markets: RBI governor
The RBI governor also highlighted the benefits of central bank digital currencies.
Digital rupee transactions said to be tracking below India central bank target
Transactions are averaging close to 18,000 a day, well below the target of a million by year-end.
Tata Capital plans to raise $3.38b debt this fiscal to fund double-digit credit growth
Tata Capital has three NBFC arms—Tata Capital Housing Finance, Tata Capital Financial Services and Tata Cleantech Capital.
Lenders of India’s Go First to infuse $55m to revive airline: sources
Go First plans to operate 78 daily flights with 22 aircraft, as per its revival plan.
India RBI chief flags governance gaps, stressed assets misreporting at some banks
The RBI has come across instances of some banks trying to conceal the real status of their stressed assets
