Despite bank consortium nod to restructure debt, ARCs reluctant to buy assets
Lenders have rejected a proposal put forth by the department of financial services…
Arcil saw its recoveries fall to Rs 783 crore in FY14 from Rs 1,034 crore in the previous fiscal.
Bhushan Steel has appointed ICICI Securities to find a buyer for three or more of its oxygen plants in Odisha…
Close to Rs 37,050 crore of loans have been approved for a debt recast…
Taking cognizance of a letter from the finance ministry, which raised concerns
Only one case was referred to the CDR cell for restructuring in August.
Loan growth has slipped to its lowest in a decade with the increase…
After failing to implement a corporate debt restructuring (CDR) package…
Lenders said they earlier did not release the funds, as they were concerned if the company had any links to…
Head of a large ARC said reconstruction cos are not ready to buy assets unless banks offer loans…
Surat-based ABG Shipyard?s loan of R1,300 crore is in a limbo as bankers have put additional…
In one more case of stressed corporates asking banks for easier loan repayment terms, the corporate debt restructuring (CDR) cell…
Japan-based diversified financial services firm Orix is understood to have evinced interest in buying the 8.34% stake owned by Central…
Even as the consortium of lenders to Bhushan Steel readies to meet early next week to try and ensure the…
Clears 14 cases in first four months of fiscal; referrals fall sharply during the period
Bhushan Steel, which continues to be in news over the alleged role of its vice-chairman and managing director Neeraj Singhal…
Bhushan Steel MD Neeraj Singhal was arrested in Syndicate Bank bribe case.
