With the Tamil Nadu government signing on, the Union government?s financial restructuring plan for state electricity boards has taken off.
Public sector lender Canara Bank has filed charges of fraud with the Central Bureau of Investigation against Hyderabad-based media group…
HSBC?s plans to acquire RBS? Indian retail and commercial banking business might not have materialised, but the bank remains committed…
Loans worth a staggering R64,818 crore have been recast by the corporate debt restructuring cell between April and February, a…
PSL, which makes metal pipes, has approached bankers to rework R4,600 crore borrowings via the corporate debt restructuring window.
Unfortunately for banks, however, deposits have risen at a very slow pace for over a year now.
Kolkata based Srei Infrastructure Finance plans to make an application with the RBI to set up a bank that focuses…
Even if the one-time hub of micro finance in the country, Andhra Pradesh, continues to see a slump in business,…
Hotel Leela, Bharti Shipyard, GTL, Suzlon & HCC among cos to get loan recast.
Power minister Jyotiraditya Scindia will meet with bankers on February 8, when the government?s proposed restructuring package for the ailing…
Reserve Bank of India governor D Subbarao on Tuesday said that risk aversion in the banking system due to growing…
Banks likely to reduce lending rates, making both retail and corporate loans cheaper.
Giving more time to collect accounts receivable in genuine cash-flow constraint cases
State Bank of India is appointing nominee directors on the boards of stressed companies to help it deal with cases…
High interest rates, debt levels, land acquisition & green clearance delay projects: Bankers.
Loans worth a staggering R62,500 crore have been recast by the corporate debt restructuring (CDR) cell between April and December,…
L&T Finance Holdings has multiplied its asset base from a mere R850 crore to R30,000 crore in just seven years.
The country’s largest lender, State Bank of India, has created a new general manager position in its mid-corporate group dedicated…
