lenders

JIL insolvency: NCLAT says banks can vote against NBCC proposal

JIL insolvency: NCLAT says banks can vote against NBCC proposal

The NCLAT on Monday clarified that lenders can vote against the NBCC's proposal to acquire debt-ridden Jaypee Infratech (JIL) and directe...Read More

Jet lenders reasonably hopeful for successful stake sale

Jet lenders reasonably hopeful for successful stake sale

New Delhi: Jet Airways lenders on Thursday said they are reasonably hopeful of a successful bidding process for stake sale, a day after t...Read More

Lenders discuss to revive Jet Airways; fund infusion likely soon

Lenders discuss to revive Jet Airways; fund infusion likely soon

New Delhi: Lenders to Jet Airways are discussing ways to revive the crisis-hit carrier and fresh funds are likely to be infused shortly, ...Read More

Sources: Lenders to takeover Jet Airways

Sources: Lenders to takeover Jet Airways

New Delhi: Lenders of cash-strapped Jet Airways are in the process of securing “substantial stake” in the ailing airline to try and reviv...Read More

Jet Airways to seek shareholders’ approval for conversion of loans into shares

Jet Airways to seek shareholders’ approval for conversion of loans into shares

New Delhi: Shares of Jet Airways fell over two per cent in the afternoon trade amid the crisis-hit airline deciding to seek shareholders’...Read More

Essel Group: Understanding with Lenders on steep fall in share prices

Essel Group: Understanding with Lenders on steep fall in share prices

New Delhi/Mumbai: The Subhash Chandra-led Essel Group on Sunday said it has “arrived at an understanding” with its lenders, which are hav...Read More

Ready to infuse up to Rs 700 cr in Jet Airways subject to conditions, says Naresh Goyal

Ready to infuse up to Rs 700 cr in Jet Airways subject to conditions, says Naresh Goyal

New Delhi: Jet Airways Chairman Naresh Goyal has told the State Bank of India (SBI) that he is ready to invest up to Rs 700 crore in the ...Read More

Lenders considering resolution plan for Jet Airways: SBI

Lenders considering resolution plan for Jet Airways: SBI

Mumbai: State Bank of India (SBI) today said lenders are considering a resolution plan for Jet Airways to ensure long-term viability of t...Read More

Videocon in voluntary liquidation: Lenders may have to take huge haircuts

Videocon in voluntary liquidation: Lenders may have to take huge haircuts

Mumbai: In what could severely dent the chances of lenders to recoup over 587 billion rupees from bankrupt Videocon Industries Ltd, the c...Read More

Finance Ministry approves Rs 11,336 crore capital infusion in 5 PSU Banks

Finance Ministry approves Rs 11,336 crore capital infusion in 5 PSU Banks

New Delhi: The finance ministry today approved infusion of Rs 11,336 crore in five state-owned lenders including PNB, Corporation Bank an...Read More

Reliance Communications says not making any payment to lenders for time being

Reliance Communications says not making any payment to lenders for time being

New Delhi: Reliance Communications on Wednesday said that it is not making any payment to lenders or bond-holders for the time being as i...Read More

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Kingfisher House auction fails for fifth time

Mumbai  : Lenders’ attempt on Wednesday to auction Kingfisher House, the erstwhile headquarters of Vijay Mallya- owned, now defunct Kingf...Read More

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Tax relief proposed for banks stuck with NPAs

New Delhi : In a big relief to banks struggling with bad loans, the government on Wednesday proposed tax concession on provisions for NPA...Read More

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Third attempt to sell Kingfisher House fails

Mumbai : Lenders attempt to sell the erstwhile headquarters of defunct Kingfisher Airlines, Kingfisher House, in the city failed for the ...Read More

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Banks eye ‘resolution’ of Rs 1.5 lakh cr worth stressed assets

New Delhi : Enthused by speedy recovery of loans worth USD 2.5 billion by three lenders including ICICI Bank within days of mega USD 13-b...Read More

Funding to shore up PSU banks has budgetary constraints: FM

Funding to shore up PSU banks has budgetary constraints: FM

Some of the NPAs that weigh on  banks’ balance sheets and curb their ability to lend more, can be deprovisioned if the economy recovers

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Finmin wants 4-5 big lenders after PSU banks’ consolidation

State Bank of India, Punjab National Bank, Canara Bank and Bank of India are among the large state-run banks

Bankruptcy: Employees can seek  attachment of promoters’ assets

Bankruptcy: Employees can seek attachment of promoters’ assets

New Delhi : Lenders, shareholders and even employees can seek attachment of all immovable assets, including those abroad, given as guaran...Read More

L’affaire Mallya: More banks get  ED call to furnish financial details

L’affaire Mallya: More banks get ED call to furnish financial details

Mumbai: Expanding its money laundering probe into L’affaire Mallya, the Enforcement Directorate has asked around half a dozen lenders of ...Read More

Lenders begin process to take over Kingfisher Villa

Lenders begin process to take over Kingfisher Villa

Panaji: Lenders to the grounded Kingfisher Airlines began the process to take physical possession of Kingfisher Villa, which was pledged ...Read More

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