Borrowers too, he said, should realise they must meet payment obligations as per the contract and it is no longer…
While demand for working capital has picked up somewhat, bankers believe the uptick could accelerate in the coming months.
The company attracted just one bid from a group of professionals which has reportedly offered Rs 3,000 crore over 15…
The Reserve Bank of India’s (RBI) lower inflation projections for 2018-19, announced on Thursday, suggest an end to the rate-tightening…
The bankrupt Jyoti Structures might find a buyer and not go into liquidation as feared with the committee of creditors…
According to IBC, a firm has to be liquidated if it fails to complete the resolution process within 270 days…
Banks have requested the RBI for some leniency in its February 12 circular on resolution of stressed assets and have…
Upping the ante in the fight for Essar Steel, Numetal is trying to get control of Odisha Slurry Pipeline Infrastructure…
They have sought bids to be submitted by early next week so that they can try and stitch together a…
With digital banking becoming all-important, HDFC Bank wants to deliver not just banking but a financial experience to customers, managing…
40% claims of operational creditors rejected by RP are that of Essar Steel group companies
Birla company moves NCLT seeking CoC meeting to be declared ‘illegal and void’, says its bid is the highest.
Less than 9% of the roughly four lakh applicants under the Prime Minister’s Employment Generation Programme (PMEGP) have been granted…
A clutch of public sector lenders may provide short-term loans to Punjab National Bank(PNB) with which PNB will repay banks…
Contradicting its reply to an earlier right to information (RTI) query, the Reserve Bank of India (RBI) has recently said…
In a clear indication that the rate cycle has turned, loan and deposit rates are all set to go further…
Led by Punjab National Bank (PNB), the consortium of 18 lenders to Ind-Barath Thermal Power is looking to sell a…
Public sector banks (PSBs) have penalised employees in more than 5,000 instances between January 2015 and March 2017 with more…
