Signa founder Benko has handed over the reins of the property empire to Geiwitz. Signa Development Selection aims to boost cash by selling assets and reclaiming part of the €600 million in funds lent to affiliated companies. UniCredit and RBI are among the banks responsible for $2.4 billion in Signa loans. The RBI is conducting a comprehensive review of the P2P sector and is set to crack down on P2P lending due to existing ambiguities and loopholes.
Given the size and the regulatory grey areas of the P2P lending space, it’s no wonder the RBI wants to reform the sector again. @AshwinM_ reports the details. https://t.co/kRDFQUd24Z
“RBI is not in favor of a P2P marketplace operating like a deposit-collecting institution.” @AshwinM_ reports about the RBI’s crackdown on P2P lending. https://t.co/kRDFQUdzUx
By design, P2P lending is a risky business. The P2P lending industry in India is divided on what is permissible and what is not. Premature withdrawals is a contentious area. Now, the RBI is cracking down on it. @AshwinM_ reports. Read more: https://t.co/zHv0dKeJZ1 https://t.co/oeneskapkT
The RBI is set to crack down on P2P lending, reports @AshwinM_ in today’s longform. https://t.co/kRDFQUd24Z
The RBI is conducting a comprehensive review of the P2P sector with the intent to weed out existing ambiguities and loopholes. The central bank is set to announce a big move in the very near future. Why is the RBI on alert? @AshwinM_ reports. https://t.co/kRDFQUd24Z
UniCredit, RBI among banks on hook for $2.4 bln in Signa loans -source https://t.co/E5DhR70XLL https://t.co/yLUoxsVsEK
Signa Development Selection says it is aiming to boost cash by selling assets and clawing back part of the €600 million in funds lent to affiliated companies https://t.co/D1Fv2oLBWP
Signa founder Benko hands reins of property empire to Geiwitz https://t.co/LUtizNZ4Kp https://t.co/IwX77dfUyD
Signa founder Benko hands reins of property empire to Geiwitz https://t.co/gYRtDatjG2 https://t.co/EOxslD1ZMa
Signa founder Benko hands reins of property empire to Geiwitz https://t.co/8RpxSGBQtl https://t.co/N1XTxsEb81