RBI has been concerned about round-tripping of potentially bad loans, rise of unsecured lending and heavier linkages between AIFs and regulated entities, all of which can “potentially build up stress in the financial sector,” said Abizer Diwanji, financial services leader at Ernst & Young India.
UBS is aiming to create more products to compete for managing the wealth of rich Indians. The bank plans to add at least seven relationship managers to bring its total advisory strength in India to around 25. UBS is also employing two senior executives from rival firms in portfolio management services, who develop India-specific products.
HDFC's all-stock merger into HDFC Bank Ltd., which created one of the most valuable banks in the world, has about 18 advisers who got credit for a fee pool of just over $1 million
Clean energy projects got 74% of the total funds from financial institutions last year, or ₹24380 crore, according to a report by Climate Trends and Centre for Financial Accountability