Public sector lender Central Bank of India hopes to make close to R860 crore from selling around 1 crore shares…
Given that recast through the corporate debt restructuring (CDR) mechanism takes 8-9 nine months to fructify, banks are increasingly opting…
The corporate debt restructuring (CDR) cell is likely to admit the request of Kolkata-based Shree Ganesh Jewellery House (SGJHL) to…
Private sector banks have been steadily growing their rural presence, an analysis of their FY14 annual reports shows.
The Hyderabad-based infrastructure firm reported a loss of Rs 716 crore in FY14 on revenues of Rs 4,305 crore.
Of R20,000 cr worth of assets ARCIL has bought so far, it has been able to recover around R9,000 cr
Forming joint lender forums (JLFs) to work out corrective action plans (CAP) for stressed assets is becoming somewhat difficult, especially…
Company posted net loss of R38 crore in Q4FY14; gross debt stood at R5,156 crore
Regulator might take such a step to prevent banks with a relatively small exposure.
Fresh slippages down at all PSBs, barring PNB; private banks see better profit growth
ICICI Bank has reduced interest rates on home loans by 10 basis points to 10.15% for customers who borrow up…
The silver lining: Rate of growth of stressed assets is declining
Experts say, this is because HNIs invest most of their wealth in real estate and gold.
The State Bank of India (SBI) plans to target government agencies and municipal corporations for its newly launched payment gateway,…
A clause in the new Companies Act stipulating that every company should create a debenture redemption reserve…
Credit card outstanding falls 0.4% from year ago; lenders cite high interest rates & fines
In an attempt to spread its risks better, public sector lender Bank of Baroda (BoB) is rebalancing its credit portfolio…
The Credit Information Bureau of India (Cibil) collects and maintains records of individuals? payments pertaining to loans and credit cards.
