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India

Swati Bhat

Exclusive: RSS' economic wing says India should not issue foreign currency bonds

17 Jul 2019

NEW DELHI/MUMBAI An influential Hindu nationalist group close to Prime Minister Narendra Modi's ruling party has demanded his government review its plan to raise money by selling foreign currency bonds.

Exclusive: Influential Hindu group says India should not issue foreign currency bonds

17 Jul 2019

NEW DELHI/MUMBAI An influential Hindu nationalist group close to Indian Prime Minister Narendra Modi's ruling party has demanded his government review its plan to raise money by selling foreign currency bonds.

REFILE-EXCLUSIVE-Influential Hindu group says India should not issue foreign currency bonds

17 Jul 2019

* Hindu nationalist group seeks rollback of foreign bond sale

EXCLUSIVE-Influential Hindu group calls on India not to issue foreign currency bonds

16 Jul 2019

NEW DELHI/MUMBAI, July 16 An influential Hindu nationalist group close to Indian Prime Minister Narendra Modi's ruling party has demanded his government review its plan to raise money by selling foreign currency bonds.

Lenders to DHFL ready for haircut in rescue: sources

16 Jul 2019

MUMBAI Lenders to India's Dewan Housing Finance Ltd (DHFL) are ready to accept limited haircuts in a restructuring plan being worked out for the troubled firm, sources said.

India DHFL's lenders willing to go extra mile to finalise rescue package-sources

16 Jul 2019

MUMBAI, July 16 Lenders to India's Dewan Housing Finance Ltd (DHFL) are prepared to accept limited haircuts as part of a debt restructuring plan being worked out for the troubled firm, said sources involved in talks.

Shares in DHFL set to tumble, awaiting resolution plan

14 Jul 2019

MUMBAI Shares in one of India's biggest home loan and property finance companies, Dewan Housing Finance Ltd (DHFL), are expected to fall sharply on Monday after the lender reported dismal results and warned about its grim financial situation.

India's cautious budget puts onus on central bank to spur growth

06 Jul 2019

NEW DELHI The Indian government's annual budget statement on Friday included measures aimed at improving the investment climate but lacked any direct steps to stimulate a sagging economy, adding to pressure on the central bank to provide more immediate help.

Lack of timely action, government response stoked India's bad loan woes: ex-RBI governor

05 Jul 2019

MUMBAI India's bad loan problem slowly morphed into a full-blown crisis due to a lack of timely action by regulators and the government for several years until 2014, and it was largely driven by state-owned banks, former central bank goveror Urjit Patel said.

RBI to regulate housing finance firms, review assets: sources

03 Jul 2019

MUMBAI/NEW DELHI India will soon give Reserve Bank of India (RBI) power to regulate housing finance companies (HFCs), which will almost certainly lead to the lenders facing stringent asset quality reviews, two sources with direct knowledge of the matter said.

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