RBI turns up heat on NBFCs and the race for Neelachal Ispat
While RBI’s PCA framework for NBFCs puts the spotlight on some big names, steelmakers queue up for a loss-making public sector unit.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
SC scrapped Bhushan Power and Steel deal to protect IBC, not undermine it
Acquirer JSW Steel and the other parties to the resolution process of the insolvent entity vitiated the sanctity of the bankruptcy code, the apex court found.
High attrition is the bane of India’s private banks
The increasing convergence of sales and service functions, with consequent non-stop pressure to meet targets, has seen employees jump ship in droves. This has the potential to adversely impact the financial institutions’ health.
What prompted the inexplicable choice for RBI governor?
The Indian government wants someone who toes its line in the RBI chair. The economy needs someone who can rise above being a yes-man.
