Last month, the bank was placed under Prompt Corrective Action due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years.......
The market breadth, indicating the overall health of the market turned negative from positive The benchmark S&P BSE Sensex pared most of its gains to end flat after logging its fresh high on......
The Indiabulls group is staking claim for a 250-acre Navi Mumbai plot which it had lost to a consortium comprising Bhushan Steel and the Essel group in January this year. The Bhushan-Essel......
While there are visible signs of a recovery in the real estate market, price hikes by developers and any increase in interest rates could halt this momentum, writes Ram Prasad Sahu. The realty......
Real estate developers, who were battling tight liquidity in the past few quarters, are breathing easier with banks now more inclined to lend. Developers such as DLF, Unitech and Orbit are in the......