Lenders of debt-ridden Reliance Capital have voted in favour of a resolution plan submitted by Hinduja Group firm IndusInd International Holdings Ltd (IIHL) which made the highest cash offer of Rs......
Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money.Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.......
A Hinduja Group firm on Wednesday emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction, sources said. Photograph:......
Indian Bank expects recoveries to be more than slippages in this financial year, which will result in improved asset quality. IMAGE: Indian Bank. Photograph: ANI Photo Shanti Lal Jain,......
The insolvency process of debt-ridden Reliance Capital Ltd (RCL) on Tuesday hit a roadblock as the NCLT Mumbai has stayed the resolution process on the plea of Torrent Group. Photograph: Prashant......