Lenders to ABG Shipyard and Alok Industries have changed their plans to implement a strategic debt restructuring (SDR) for the…
Armed with an in-principle approval to start operations as a small finance bank (SFB), Ujjivan Financial Services — one of…
Disha Microfin operates across six states and one Union territory and currently has a loan portfolio of about `1,500 crore.
With investors like Mohandas Pai on board, Faircent, India’s leading P2P lending platform, is looking to empower those willing to…
The last few days of the current financial year have been quite turbulent for public sector banks (PSBs) as many…
Not convinced that India will achieve financial inclusion by just opening bank accounts for every citizen, entrepreneurs such as VVSSB…
In FY15, insufficient cash flows had forced the firm to delay repayment of over R100 crore worth of principal and…
As of FY15, Bhushan Steel had total consolidated debt of Rs 38,529.3 crore, and interest expense of Rs 2,494 crore
Lenders to debt-ridden AMW Autocomponent, a 100% subsidiary of Asia MotorWorks Holdings, have started converting their loans into equity…
The new guidelines issued by the Reserve Bank of India (RBI) which allow allow banks to treat certain assets on…
Kerala-based ESAF Microfinance, one of the 10 entities that have been granted in-principle approval to set up small finance banks…
Jindal India Thermal Power (JITPL) owns a 1,800 MW coal-based power plant in Angul, Odisha
Wilful defaulters may be the flavour of the season but they’ve been around for more than three decades, reports Shakti…
Flat to negative growth in net interest incomes — the difference between interest earned and interest expended — combined with…
