Designated as a non-executive independent director, her tenure spans three years starting from 20 November 2023
Read MoreAccording to CRISIL, bank loans to NBFCs have witnessed a compound annual growth rate (CAGR) of 18 per cent over the past five years, reaching Rs 12.3 lakh crore in September 2023 from Rs 5.5 lakh crore in September 2018
Read MoreAccording to RBI guidelines, core investment companies (CICs) are entities that predominantly invest their assets in group companies, including equity, preference shares, convertible bonds or loans
Read MoreWhile this growth projection is slightly lower than the 16-18 per cent recorded in FY23-24, it reflects the continued strength in secured asset classes, particularly home loans and vehicle finance
Read MoreThe recently introduced macro-prudential measures are deemed essential for sustainability and are targeted to curb exuberance in lending, particularly in personal and unsecured loans
Read MoreBanks and NBFCs Should Monitor exposure to mitigate risks, notes RBI Governor
Read MoreKerala High Court has in its ruling that the interim moratorium begins when the application is duly numbered by the tribunal
Read MoreThe credit rating agency is optimistic about the adequate capitalisation of banks, allowing them to absorb the impact of RBI measures on anticipated credit losses and unsecured personal loans
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