Acre had earlier raised its all-cash offer to ₹243 crore from ₹230 crore offered in February. It is expected to be the front runner to be d...

ACRE, an ARC, has given a revised offer of ₹243 crore as against its previous offer of ₹230 crore, the people said. ACRE was the sole bidde...

Union Bank had put on sale a ₹410-crore loan of bankrupt Visa Steel and set the reserve price at ₹164.28 crore, entailing a recovery of at ...

Union Bank of India is following an open bidding process where bidders are invited at above the reserve price, they said. Interested bidder...

The National Company Law Tribunal's Cuttack bench admitted Visa Steel for insolvency proceedings in November last year. Within a month, the...

The offer from ACRE, an asset reconstruction company, is at the reserve price set by the bank and equates to a recovery of 33 paise on outs...

SBI's offer to sell this account comes even as the Orissa High Court, for the second time, stayed initiation of the insolvency process agai...

The lender has asked ARCs to submit an expression of interest with an indicative price for the loan accounts they would like to acquire, sa...

UBI Managing Director Ashok Kumar Pradhan has said that the bank had Rs 90 crore exposure to Visa Power, which defaulted a total of Rs 3600...

SBI also includes pool of education amounting to Rs 382 crore given to over 20,000 students.

28 bad loan accounts need restructuring by December 13 or they’ll end up in NCLT, which will require banks to provide for losses of up to 5...

The move will expedite the process of resolution of 60% of the 7 lakh crore of non-performing loans that slowed lending and hit profitabili...

While Andhra Bank wants to sell off more than 100 accounts adding to about Rs 4,000 crore of loans, Allahabad Bank has invited bids for 73 ...

A battery of bankers led by State Bank of India and ICICI Bank is going to grill the top management of companies on their repayment and deb...

Credit Suisse expressed concern over banking sector’s exposure to steel sector – which have huge debt burden at a time when metal prices co...

According to sources close to the development, SBI Chairman Arundhati Bhattacharya has been personally involved in some of these meetings.

Indian markets are likely to trade in a range. Here is a list of ten stocks which are likely to be in focus in trade today.