Rs 2,000 crore loans to Go First are now NPA: Central Bank of India

Central Bank of India classified its loans to Go First as non-performing assets (NPAs) in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). Photograph: ANI Photo The no-frills......

Collateral-Free Debt Funding For Start-Ups

Illustration: Uttam Ghosh/Rediff.com The Department for Promotion of Industry and Internal Trade has notified the establishment of the Credit Guarantee Scheme for Start-ups, CGSS. It would......

US court rejects Nirav Modi's plea against fraud charges

In a major blow to Nirav Modi, a bankruptcy court in the US has rejected a petition of the fugitive diamond merchant and two of his associates, seeking dismissal of fraud allegations against them......

How will govt's credit guarantee scheme 2.0 work?

The government on Thursday said it has extended the Emergency Credit Line Guarantee Scheme (ECLGS) to the health sector and 26 other sectors identified by the Kamath Committee. The National Credit......