Non-banking finance companies (NBFC) can now factor in DLGs when setting aside buffers for potential loan losses, provided the guarantee forms an integral part of the loan arrangement, the RBI said last week.
Uday Kotak questions SpaceX valuation, says only time will tell if we’re in ‘mega bubble’
Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are backing humanity’s future or fueling a massive bubble. His remarks