For years, ‘evergreening of loans’ – throwing new loans to help a stressed or delinquent borrower repay old loans – has worried the regulator. Since rules prohibit lenders from doing this blatantly, some of them, mostly non-banking companies, had figured out a different way some years ago. They cut special deals with foreign credit funds, which bet on comparatively lower-rated bonds, to set up local alternative investment funds (AIFs).
Anthropic’s AI warning may weigh on chips, but trade seen intact
AI executives are calling for a deliberate slowdown in the pace of advanced model development. This plea may lead to short-term pressure on stocks of