The Reserve Bank of India (RBI) had not just written a detailed letter, it had also made a presentation to…
Outstanding loans to the segment dropped a sharp 82% year-on-year (y-o-y) to Rs 3,225 crore on September 28.
Bank of India (BoI) on Tuesday put on sale non-performing assets (NPAs) worth Rs 10,710 crore, including its exposures to…
In August, the three payments banks the first to begin operations recorded a combined 2.15 million debit card transactions.
Punjab National Bank (PNB) sold non-performing credit card outstandings worth over 3% of its portfolio in the category in September,…
The sale will be carried out to monetise upstream oil and gas assets located in South America (deep offshore blocks)…
Deputy governor NS Vishwanathan said RBI is closely monitoring the NBFCs, where the regulatory and supervisory framework hinges on three…
One of its components was the ICA, whose signatories include all the public-sector banks and at least two private banks,…
Four public sector banks (PSBs) on Wednesday put on sale their stakes in various companies to collectively raise at least…
Of the 33 banks that have an exposure to the Infrastructure Leasing & Financial Services (IL&FS) group, at least one…
Rolta India joins the list of assets which have been referred for resolution under the IBC after the six-month period…
Suggest amendment to the Companies Act that allows defaulting promoters to take over their assets.
The company’s total debt stood at Rs 1,453 crore as on March 31. In February, India Ratings had affirmed a…
The indebtedness of Indian households nearly doubled in the year to March 2018, with their financial liabilities rising 80% to…
Deloitte Touche Tohmatsu has been appointed financial advisor to the lenders and will assist in identifying investors for carrying out…
Bank of India (BoI) on Wednesday put on sale its exposures to Essar Steel, Bhushan Power and Steel and Alok…
State Bank of India (SBI) on Tuesday put on sale eight non-performing accounts (NPAs) worth Rs 3,948 crore on sale,…
Bank of India (BoI) has decided to recall its upper Tier-II bonds issued in October 2008 worth Rs 500 crore,…
