Mumbai, Jan. 18 -- State Bank of India (SBI) chairman Rajnish Kumar said Section 29A of Insolvency and Bankruptcy Code (IBC), which disallows defaulting promoters and related persons from bidding for ... Read More
Mumbai, Jan. 18 -- A central bank rule mandating disclosure of loan default even if it is just by a day is putting the fear of god in big borrowers. Borrowers, who owe more than '5 crore, are graduall... Read More
Mumbai, Jan. 17 -- The State Bank of India (SBI) on Wednesday put on sale its Rs 15,431 crore exposure to Essar Steel Ltd, as last-minute litigations continue to delay the recovery of its loans to the... Read More
Mumbai, Jan. 17 -- State Bank of India (SBI) chairman Rajnish Kumar on Thursday said that Section 29A of the Insolvency and Bankruptcy Code (IBC), which disallows defaulting promoters and related pers... Read More
MUMBAI, Jan. 16 -- A central bank rule mandating disclosure of loan default even if it is just by a day is putting the fear of god in big borrowers. Borrowers, who owe more than Rs 5 crore, are gradu... Read More
Mumbai, Jan. 16 -- With last minute-litigation delaying recovery of Essar Steel loan, State Bank of India (SBI) on Wednesday put on sale its Rs 15,431-crore exposure to the steelmaker on a full-cash b... Read More
Mumbai, Jan. 16 -- A central bank rule mandating disclosure of loan default even if it is just by a day is putting the fear of god in big borrowers. Borrowers, who owe more than Rs 5 crore, are gradua... Read More
Mumbai, Jan. 15 -- Pallav Mohapatra, the new managing director and chief executive officer at loss-making Central Bank of India, prefers to take a hands-on approach in running the bank. His 10am meeti... Read More
MUMBAI, Jan. 12 -- Housing finance companies (HFCs) may see slowing credit growth in the second half of 2018-19 because of factors such as tight liquidity and intense competition, rating agency Icra s... Read More
Mumbai, Jan. 11 -- Bandhan Bank on Thursday said a Rs385 crore loan made to a borrower from the "infrastructure development and finance sector" had turned sour in the December quarter. Without naming ... Read More