Loans of over Rs 1.8 trillion, for which agreement has been signed by banks, are likely to be referred to IBC. Illustration: Uttam Ghosh/Rediff.com With no resolution in sight for nearly Rs 3......
Moratorium was only a temporary reprieve to borrowers affected by the pandemic, adding that a longer moratorium period exceeding six months can impact credit behaviour of borrowers and increase the......
To cut its debt, promoter Kapil Wadhawan and promoter group Wadhawan Global Capitalhave resorted to measures such as sale of assets of group companies as well as securitisation of retail assets of......
DHFL has been generating funds through various means and has exited from its subsidiary units to tide over the current financial crunch. Illustration: Uttam Ghosh/Rediff.com Cash-strapped DHFL on......
The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action. In a first, the Reserve Bank of India (RBI) is planning to auction private sector banks......