Recast of aggregate loan worth R1,10,772 crore has failed since the corporate debt restructuring (CDR) cell was set up in…
The post has been specifically created for lateral recruits and is aimed at countering the dominance of private sector banks…
Maharashtra State Road Development Corporation (MSRDC), the nodal agency for the R46,000-crore Mumbai-Nagpur Expressway, is talking to lenders, including State…
The attempt of Bharati Defence and Infrastructure (formerly Bharati Shipyard) to get registered as a sick company under the Board…
In what would appear to be a violation of insider trading norms, ARL Trading and Alexure Securities, companies in which…
The power purchase agreement faces deadlock owing to disagreement over price per unit of power
The consortium of lenders to Essar Steel has decided recast the R44,000-crore exposure to the company rather than take a…
Lenders are also hoping to be able to initiate an S4A scheme for Asian Colour Coated Ispat (ACCIL) which owes…
Besides SBI, other lenders to ABG Shipyard include Bank of Baroda, Canara Bank, Bank of India, ICICI Bank and IDBI…
Aggregate loans recast loans worth Rs 1,00,542 crore have failed since the corporate debt restructuring cell (CDR) was set up…
Ratnagiri Gas and Power Private Limited’s (RGPPL) efforts to build a breakwater facility and ramp up production at an LNG…
State Bank of India (SBI) is looking to raise more than R10,000 crore through domestic infrastructure bonds in FY17, senior…
Lenders to Bhushan Steel have decided to appoint Alvarez & Marsal (A&M), a restructuring and turnaround firm, to help the…
Lenders to the loss-making Adhunik Metaliks — the flagship company of Kolkata-based Adhunik Group — have decided to convert a…
Bank of Baroda is rejigging its balance-sheet and will focus on clients with whom it can forge a long-term and…
n Have commissioned a techno-economic viability as first step
Key takeaways: Substantial pass through will happen when corporate credit demand picks up, said Rajan, Bank credit has not seen…
According to bankers, the joint lenders’ forum (JLF) did not want to wait any longer for an investor and has…
