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Reliance Infra cuts standalone debt by 87%; shares surge 20%

Anil Ambani's Reliance Infrastructure Ltd has slashed its standalone debt by 87 per cent to Rs 475 crore after it cleared outstanding dues of Life Insurance Corporation of India, ICICI Bank and......

Has India's 'Bad Bank' Worked Or Not?

The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank', by 2021-2022.Only 10 per cent of this has been executed. Illustration: Dominic......

Why Moody's outlook on India need to be viewed with scepticism

Chief Economic Advisor K Subramanian said it is evident that investors into the Indian economy look for better cues than a ratings call. The improved outlook on the Government of India announced......

Why Are Bankers SMILING At Last?

Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay. IMAGE: Finance......

SBI Caps, JM Financial to sell Reliance Capital assets

The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance,......

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India Debt Reconstruction Company Ltd

News for India Debt Reconstruction Company Ltd

Reliance Infra cuts standalone debt by 87%; shares surge 20%

Has India's 'Bad Bank' Worked Or Not?

Why Moody's outlook on India need to be viewed with scepticism

Why Are Bankers SMILING At Last?

SBI Caps, JM Financial to sell Reliance Capital assets

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