Rescuers sought for shadow bank Altico as crisis deepensAlitco’s bad loans spiked to 23.8 per cent of its loan book in the July-September quarter.
23 Dec, 2019, 03.50 PM IST
Altico Capital defaults on Rs 138 crore debt repaymentAltico Capital’s financial stress first came to light in September when it defaulted on interest payments on an external commercial borrowi...
02 Dec, 2019, 05.30 PM IST
Altico Capital seeks more time from lenders to devise debt planThe NBFC also asked them to refrain from taking any action that will worsen the ongoing cash crunch citing gains in asset value.
22 Sep, 2019, 04.40 PM IST
Altico cap has bond repayment of Rs 95 crore due in two weeksAnother series of bonds worth Rs 30 crore is scheduled to mature late December.
16 Sep, 2019, 10.23 AM IST
Altico Capital: Sachin Bansal, Reliance Mutual Fund face defaults on outstanding debtAltico has bonds worth a total Rs 1,808 crore that will mature between now and May 2022, India Ratings data showed.
15 Sep, 2019, 11.48 PM IST
UTI Credit Risk Fund to segregate portfolio of Altico CapitalUpon recovery of money from Altico Capital India in the segregated portfolio it will be distributed to the investors in proportion to their...
14 Sep, 2019, 12.54 PM IST
UTI MF, Reliance MF sidepocket exposures to Altico CapitalReliance Mutual Fund has an exposure of around Rs 205 crore to Altico Capital’s securities.
14 Sep, 2019, 11.45 AM IST
Rating firms downgrade Altico Capital's credit rating to junkIndia Ratings has downgraded the lender's long-term issuer rating to ‘D’ from ‘A+’ and short-term issuer rating to ‘D’ from ‘A1’.
13 Sep, 2019, 11.45 PM IST
Debt mutual fund schemes of Reliance, UTI MF holding Altico Capital could see a sharp dip in NAVsOn September 3, India Ratings and Research downgraded Altico Capital India Limited's Long-Term Issuer Rating to 'IND A+' from 'IND AA-.
13 Sep, 2019, 12.08 PM IST
KKR unit files petition to avoid ex parte orderKKR India Asset Finance filed a caveat petition earlier this month.
17 Jun, 2019, 10.29 AM IST
Naina Lal Kidwai appointed Altico Cap’s independent chairpersonCurrent chairman Robert Petty is stepping down while continuing to remain on the board as non-executive director
01 Oct, 2018, 11.10 PM IST
Nirmal Group raises Rs 500 cr from Altico CapitalIn this respect, Altico intends to strategically place itself in the growth corridor by investing in a mix of advanced brownfield projects ...
27 Sep, 2016, 04.12 PM IST
Kumar Urban raises Rs 300 crore from Altico CapitalKUL Ecoloch is a mid-income project with total saleable area of over 3 million sq ft. Phase 1 of the project is partially delivered, while ...
15 Sep, 2016, 11.19 AM IST
Altico Capital plans to invest up to Rs 1,000 Crore in Bengaluru realty marketAltico Capital has invested Rs 200 crore in Legacy Group’s portfolio of total 14 projects spread over 4 million sq ft across north and cent...
18 Aug, 2016, 01.20 PM IST
Altico Capital plans to raise Rs 2,000 croreNon-banking financial firm Altico Capital India today said its board has approved raising funds worth Rs 2,000 crore through various routes...
14 Apr, 2016, 04.06 PM IST
NBFC Altico Capital appoints Naina Lal Kidwai as independent non-executive director to its boardNon-banking financial company Altico Capital India has appointed former HSBC India chairperson Naina Lal Kidwai as an independent non-execu...
14 Mar, 2016, 01.48 PM IST
Altico Capital invests Rs 45 crore in Guardian Developers’ Pune projectThe project spread over 10 acre will have around 1 million sq ft of area. It is being developed under a joint development agreement and wil...
01 Dec, 2015, 07.00 PM IST