NPA tag for L&T Infra’s subsidiary

The classification of a special purpose vehicle, Chennai-Tada Tollways as an NPA may impact L&T IDPL’s initial interest in Jaypee Infratech’s Taj Expressway that connects Greater Noida with Agra, bank executives said.

from Banking/Finance-Industry-Economic Times https://ift.tt/2BcQKCI

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After Rana Kapoor, who? 5-10 bank chiefs and 1 MNC chief in the fray to head Yes Bank

A search panel entrusted with finding Rana Kapoor's successor to lead Yes Bank has shortlisted multiple names, including those serving a foreign as well as domestic lenders.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2FsS6NP

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New RBI window may not increase credit to crisis-hit NBFCs, says report

On November 2, RBI had allowed banks to provide PCE for debt raised by non-deposit-taking systematically important non-banking financial companies (NBFCs) and housing finance companies (HFCs).

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2zatBPx

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FinMin, RBI consensus likely on some issues at Nov 19 meet

Lending to MSMEs, capital framework, surplus norms on agenda

from Business Line - Money & Banking https://ift.tt/2RXcIyV

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KVGB gets award for APY

Pension scheme award for KVGB Dharwad-based Karnataka Vikas Grameen Bank (KVGB) has bagged the ‘Makers of Excellence’ award for the special enrolment

from Business Line - Money & Banking https://ift.tt/2Fsp5lc

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