Willing to take bigger haircuts of 50-60% rather than risk the firm being liquidated
Once all states implement the Real Estate (Regulation and Development) Act, home loans growth should improve, State Bank of India…
The Stressed Assets Stabilisation Fund (SASF) formed in 2004 to recover IDBI Bank’s bad loans has settled certain cases with…
Lenders have written to the finance ministry seeking clarifications on the applicability of the minimum alternate tax (MAT) requirement for…
The Insolvency and Bankruptcy Code (IBC) is definitely a big push and there is a lot of positive feeling about…
Financial claims received by the resolution professional (RP) for Essar Steel from lenders, operational creditors and employees have crossed Rs…
The Ahmedabad-based company provides solutions in the field of water treatment, water handling, waste water treatment, sewage treatment and recycling…
Resolution professional informed NCLT that the bank had already claimed `397 cr from the principal borrower Educomp but failed to…
The list of accounts which the Reserve Bank of India (RBI) has recently asked Axis Bank to classify as non-performing…
11 of the 12 accounts have been admitted by the bankruptcy court and a few of them have received interest…
Lenders to Essar Steel have asked the resolution professional for information to substantiate the company’s demand for Rs 1,000 crore…
Companies with debt of around Rs 32,000 crore have failed at the corporate debt restructuring cell (CDR) in five months…
Although it acknowledged the slowdown in the economy by slashing its gross value added growth forecast to 6.7% in 2016-17…
The committee of creditors to Bhushan Steel is reluctant to sanction fresh interim funding of around Rs 500 crore as…
The central bank had on June 13 asked banks to refer a dozen troubled companies — with a combined debt…
A consortium of lenders led by Punjab National Bank (PNB) is looking to sell a 51% stake in Jindal India…
EOL owes Indian lenders close to Rs 40,000 crore; the exposure to be transferred to Rosneft’s books.
Development financing institution Nabard has found co-operative banks have a much smaller quantum of bad loans than reported by them.
