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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Despite Reliance Capital bankruptcy, Anil Ambani could make an unlikely comeback and RBI officials to gauge tokenization review.
Surendar here. This should have been the last word on Anil Ambani. Reliance Capital recently became the third company in his portfolio to be dragged to the bankruptcy courts. Instead, Ambani is on course to make what could probably be the most unlikely comeback in Indian corporate history. In other news, the RBI is slated to hold a crucial meeting that may, or may not, ensure a trouble-free start to 2022. Read on!
Last week, Anil Ambani’s Reliance Capital went under the bankruptcy hammer, the third group company to suffer this ignominy after …
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
Lenders stand to gain a lot more than borrowers in the current challenging market environment
The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.
