"nbfc"

Permitting large NBFCs to convert into banks is a well-thought move to increase the size and presence of banking system

The funds were mopped up to strengthen balance sheets, retire existing debt and support working capital requirements

With the Covid-19 pandemic-driven lockdowns being lifted slowly and economic activity clawing back, demand for gold loans would rise, especially from individuals meeting urgent personal requirements

Lakshmi Vilas Bank owes Rs 950 crore to Religare Finvest towards fixed deposit and interest