IFCI is a lender to the core sector and infrastructure finance companies. Nabard is the refinance bank for the country's agriculture needs,...

As per the laws, MSMEs should not have a turnover of more than Rs 250 crore excluding exports, and the investment in plant and machinery sh...

Hospitality and tourism industry insiders said they hoped banks will genuinely implement RBI's resolution framework to save the sector rava...

"The recourse provided the much-needed elbowroom to developers and suppliers of raw materials to keep their businesses afloat and viable. F...

Reliance Industries’ market value surged about $11 billion on the deal.

Banks wrote off $39 billion loans in 18 months as they battled the world’s worst bad debt pile.

The platform will invest capital directly into businesses and/or acquire debt of such businesses to drive sensible restructurings, Piramal ...

Piramal has initiated discussions with TPG Capital, among others, to bring on board a global partner with proven M&A experience to jointly ...

To avoid another set of bad loan pile up, the central bank has said that banks could split the debt in to two for struggling companies – su...

The potential suitors are believed to be more keen on individual assets than taking control of the listed Alok Industries.

Ajay Piramal-led Piramal Enterprises is looking to demerge its healthcare and financial services businesses to grow unrelated divisions sep...

In the past one year, banks made very little money in forex trading and demand for loans has been sluggish with no new projects coming up.

Also, this is the first domestic fund that is focused on acquiring stressed loans which is Piramal India Resurgent Funds.

The new rule is expected to bring these projects back on track as loan repayment would be co-terminus with cash flows.

The corporate debt restructuring mechanism can surely help both lenders and borrowers, provided the true spirit and objectives of the mecha...

Factors such as promoters' apathy to agreed terms, long-winding restructuring process and Big Boys dominating the proceedings have taken th...

Analysts are more positive, though the consensus is that unless ultimate user shows signs of buying, stocks will not outperform.