Bank of India (BoI) expects cases of restructuring to start coming down in the second half of FY13
Repayments on the controversial Winsome Diamonds and Jewellery account have started to trickle in, albeit in very small amounts, a…
Bajaj Finserv is starting a rural lending business this year, says Rajeev Jain, chief executive officer. In an interview with…
Loans worth R5,848 crore have been admitted for restructuring by the corporate debt restructuring (CDR) cell in April against R12,655-crore…
We are looking at a topline growth rate of 30-35%.
Banks expect protracted battle if Vijay Mallya attempts to block recovery.
The consortium of lenders to Kingfisher Airlines (KFA) will file a claim under the Securitisation and Reconstruction of Financial Assets…
Lenders to the 135.6-km Kundli-Manesar-Palwal expressway plan to ask the concessionaire to give up the project, which has been delayed…
For every Rs.10 lent by banks in 2012-13, more than a rupee of debt was recast.
For every Rs.10 lent by banks in 2012-13, more than a rupee of debt was recast.
Having burnt their fingers once, bankers are still willing to lend to state electricity boards if the proposed financial restructuring…
Lenders sold less than Rs1,000 crore of bad loans to asset recontruction companies, against a target of Rs4,500 crore, before…
Bankers continue to negotiate with State Electricity Boards of Rajasthan, Haryana and Uttar Pradesh and Andhra Pradesh for a recast…
Life Insurance Corporation has been losing its market share consistently through 2012-13. During the April-February period, LIC?s market share of…
Kotak Mahindra Bank has got a stay order from the debt recovery tribunal in Hyderabad against IDBI Bank?s decision to…
The recent product design guidelines, announced by the insurance regulator, may pose reputational risks to insurance companies, while also increasing…
Life Insurance Corporation of India will stay within the 15% limit laid down by the insurance regulator for equity investments…
Spanco is facing roadblocks with the lead banker not satisfied with the company?s proposed restructuring package.
