Under Indradhanush, govt will inject `10,000 crore into public sector banks in FY18, and more will be provided if required
In a move that would aid recovery of bad loans, the government on Wednesday proposed listing and trading of security…
Rs 2.3 lakh crore NPAs: Banks scramble for solutions; on agenda management changes at some companies
Looking to spruce up their balance sheets before the year is over, bank chiefs are now meeting once a fortnight.
The aggregate value of recast loans that have failed since the corporate debt restructuring cell (CDR) was set up in…
With their efforts to revive stressed companies via the strategic debt restructuring (SDR) scheme not having paid off, bankers are…
The Ajay Piramal-led Piramal Enterprises and the Renaissance Group, an offshoot of the Dalmia Group, are in the reckoning to…
With more loan recasts under the corporate debt restructuring (CDR) cell failing, the total amount of money at risk is…
In Q1, the company reported a net loss of R102 crore on revenues of R15 crore. Its total debt stood…
While PFC has opposed the move, RGPPL is likely to get Delhi HC nod as the proposal got majority support
The e-auction of Kingfisher Villa in Goa will be held on December 22 by SBICAP Trustee Company for a reserve…
Lenders to Jindal Steel and Power (JSPL) are looking to initiate steps under the scheme for sustainable structuring of stressed…
Many are hoping to persuade customers to pull out less cash and use electronic channels at least for a few…
Lenders to Ratnagiri Gas and Power Private Limited are slated to meet other stakeholders in New Delhi on December 3…
With the cost of funds falling fast, State Bank of India (SBI) is resorting to deep rate cuts of as…
Moves Bombay HC for liquidation of assets
Lenders to loss-making Visa Steel are readying to sell their loans of close to R3,000 crore to asset reconstruction companies…
The Chinese arm of French insurance player AXA has evinced interest in buying a 51% stake in heavy commercial vehicles…
The consortium of 25 lenders to construction firm Hindustan Construction Company (HCC) might end up holding a stake smaller than…
