SBI, India?s largest lender, has seen a steep rise in bad assets during the financial year.
State Bank of India (SBI) has turned cautious on lending to the infrastructure…
The purpose of CDR Cell was that bankers come at one place and take a joint decision.
Unitech has defaulted on a Rs 200-crore loan it took from the insurance behemoth in 2007.
Infra companies may require another round of restructuring, says CDR cell head
Indiabulls Housing Finance will focus on lending to very low risk customers to grow by 20-25% every year, according to…
New investments in the infrastructure sector are not likely to pick up in the near future as promoters are still…
The majority of slippages over the past year are the result of companies failing to meet interest and principal repayments.
SBI Cards expects to capture a market share of 15% of total customer spending by next year.
Union Bank of India restructured loans worth Rs 1,004 crore in the October-December period…
Firm may get Rs 1,800 crore more in loans despite just Rs 1.3 crore as Q2 profit.
ARCs are now able to buy assets at a far more attractive discount of 45-50 per cent.
The year gone by may not have been as good for the insurance industry as some people believe, says Amitabh…
Bankers believe restructuring requests for another Rs 20,000-25,000 cr of borrowings may come in.
In Dec, six accounts worth Rs 10,121 cr were restructured , including Lanco Infratech?s Rs 7,324 cr
Despite tighter norms, banks appear reconciled to recast, a fallout of reckless lending in the boom years. What?s worrying is…
Lehman had invested approximately $1.1 billion in India in public and private equities
Birla Sun Life Insurance has seen a 10% contraction in its business so far this year
