State Bank of India (SBI) has sought applications from its former officials to join on a contract basis for loan…
Non-performing assets (npas) for a clutch of banks have gone up by close to R5,500 crore in April, on account…
From Kanpur to Vellore, Sebi puts on sale about 2,185 acres of Sahara land parcels worth Rs 4,017 cr
From Vadodara to Vellore, the Sahara Group appears to have accumulated land across the country, reports Shayan Ghosh in Mumbai.
Even as the new bankruptcy law comes into effect, companies continue to queue up at the Board for Industrial and…
IDBI Bank on Friday reported a net loss of Rs 1,735.81 crore for the quarter ended March, against a net…
This is the third straight year when outstanding DRT orders outstripped gross NPAs. In FY13, by contrast, while the outstanding…
Senior bankers told FE that with several guards, some of them armed, keeping a watch, it might not be possible…
A group of foreign banks to which Jindal Steel and Power (JSPL) owes $550 million has appointed Singapore-based Avista Advisory…
Unable to find buyers for stressed companies after deciding to convert debt into equity under strategic debt restructuring…
Bankers’ attempts to take possession of Kingfisher Villa in Goa, pledged to it by Kingfisher Airlines, has met with fresh…
Led by State Bank of Patiala, lenders to Monnet Ispat and Energy (MIEL) have sought bids to sell up to…
The Dalmia Bharat Group has expressed an interest in buying a stake in Electrosteel Steels, three bankers familiar with the…
Bank loans that aren’t non-performing assets (NPAs) just yet but could turn toxic amount to over Rs 6 lakh crore…
The Manoj Tirodkar-promoted GTL is negotiating a one-time settlement (OTS) with lenders by which it will repay 60% of the…
Non-performing assets (NPAs) for a clutch of banks are set to go up by close to `4,500 crore in the…
The assets are a part of Corus, the Anglo-Dutch steelmaker that Tata Steel had acquired in 2007 for $12.1 billion…
Lenders have written to Kingfisher Airlines chairman Vijay Mallya’s legal counsel and separately to Kingfisher Airlines offices in Bengaluru, rejecting…
Lenders to Electrosteel Steels have classified the exposure as a non-performing (NPA) following the Reserve Bank of India’s (RBI) directions…
