On paper, the co-lending model is a winner. But it calls for a high level of coordination: Policies would have to be agreed upfront between banks and NBFCs
India's commitment to the Paris Accord is not just a survival goal. It's India's opportunity to catapult itself among the "Great Powers"
Casa is also changing its profile as it is no longer low-cost money but it balances the asset-liability gaps and lowers banks' capital requirement
The move follows a special audit conducted by the banking regulator after the income tax (I-T) department raided the premises of these ARCs in 2021