India’s NBFCs, loosely known as shadow banks, are facing stress on their balance sheets after a debt crisis hit a large infrastructure funding company in September India’s central bank on Thursday relaxed rules for non-banking financial companies (NBFCs) to sell or securitise their loan books, in a bid to...
The bank has seen the exit of three independent board members, including Chawla, in November. Yes Bank Managing Director and CEO Rana Kapoor is unlikely to be in the fray for the post of chairman which fell vacant following the resignation of Ashok Chawla earlier this month, sources said...