Consortium has rejected a proposal to restructure the company?s debt.
Kingfisher brand experience makes banks wary
The consortium of 15 lenders to Winsome Diamonds have referred the R4,000 crore account to the corporate debt restructuring (CDR)…
A possible pullback in the Federal Reserve?s quantitative easing (QE) programme may have dampened the exuberance of overseas investors towards…
After Uttar Pradesh, Rajasthan and Tamil Nadu, lenders have agreed to restructure the short-term liabilities of Haryana State Electricity Board…
PNB-led banks also approve 8-year tariff hike plan of UP govt
Indian Overseas Bank (IOB) is planning to raise $2 billion through overseas bond issuances in two years, bank CMD M…
Private insurer HDFC Life expects to grow faster than the industry even as all other insurance companies are hit by…
At least two overseas dollar-denominated bonds issuances by Indian banks have been delayed after the US debt markets turned volatile…
UP & Haryana in 2 weeks; MP & Andhra by June 30; Rajasthan & TN already done
Tougher norms for restructured assets prescribed by the Reserve Bank of India (RBI) could adversely affect profitability of Indian banks…
Stricter enforcement of bad loan regulations in Singapore is proving to be a headache for Indian banks in the country.
Vedanta Resources? $1.7 billion overseas bond offering on Wednesday lifted the total amount of funds raised through foreign bonds to…
After disclosing a $1.6-bn non-cash writedown to its investors, Tata Steel is now going ahead with plans to raise $1…
The Rajasthan State Electricity Board?s financial restructuring plan (FRP) for R38,000 crore of short-term liabilities (STLs) has been approved by…
Bankers do not see any scope for cutting either lending or deposit rates even after Reserve Bank of India?s 25-basis…
ONGC Videsh (OVL), the overseas arm of Oil and Natural Gas Corp (ONGC), will be raising at least $850 million…
Private sector banks continued their run of strong bottomline growth, driven by healthy loan growth, at a time when credit…
