The Adani Group, RIL, Godrej and others want to make their presence felt in the NBFC digital lending arena.Indian conglomerates are busy setting up non-banking financial companies to embark on a digital lending journey. Those that already have an NBFC licence are looking to scale up
The government has reshuffled the Board of IL&FS Ltd, which is undergoing debt resolution process, with existing Board member CS Rajan being redesignated as the non-executive chairman.
Taking cognizance of the chargesheet filed against Pravin Raut and the promoters of HDIL , the special PMLA court said that their prima facie involvement in generating proceeds of crime and further laundering it is patent from the evidence.