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BANK DEBT SETTLEMENT COMMITTEE
A little more conversation: Greater transparency is key to better monetary policy transmission and central bank accountabilityThe US Federal Reserve's shift towards less transparent monetary policy communication under Chair Kevin Warsh has sparked debate. While the...
On Bond Street, falling yields spur a Rs 17,000-crore fundraiseIndian institutions secured over ₹17,000 crore via bond sales as falling benchmark yields made borrowing cheaper. Nabard notably raised ₹8,...
NCLT to admit case only if debt, default established: Insolvency & Bankruptcy (Amendment) ActNew Delhi: Legal experts highlighted that the Insolvency and Bankruptcy (Amendment) Act 2026 mandates 'debt' and 'default' for NCLT case ad...
PC Jeweller shares rally 5% after Q1 update; firm eyes debt-free status this quarterPC Jeweller shares are likely to remain in focus after the company reported a 21% rise in Q1 FY27 revenue and said it expects to become deb...
Bank of Baroda to pay $600 million to settle NMC Health insolvency claimsBank of Baroda has agreed to a $600 million settlement with administrators of the insolvent NMC Health Plc. The bank faced allegations of g...
RBI backs crypto containment and keeps ban on table, officials tell house panelThe Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions...
NCLAT revives insolvency proceedings against Chintamani's Jewellery Arcade on Axis Bank pleaInsolvency proceedings against Chintamani's Jewellery Arcade have been revived by the NCLAT after Axis Bank filed a restoration application...
Bank of Baroda settles NMC Health dispute for $600 million; Q1 credit grows 17%Bank of Baroda has settled a significant legal dispute with NMC Health entities for USD 600 million, resolving claims under UAE and UK regu...
SP Group to issue Rs 25,500 crore bonds against Tata Sons stakeShapoorji Pallonji Group is launching a ₹25,500-crore bond issue, leveraging its 18.37% stake in Tata Sons. The bond's repayment hinges on ...
Bloomberg global index entry in sight for Indian G-SecsIndian government bonds are on the cusp of inclusion in Bloomberg's Global Aggregate Index, with a decision anticipated mid-July. Tax exemp...
NPCI partners with HSBC India to enable real-time FX settlement for global UPI paymentsExciting news for Indian travelers! A groundbreaking partnership between NPCI and HSBC India is set to streamline international UPI payment...
Ind-Ra downgrades Jana Capital, Jana Holdings NCDs to defaultIndia Ratings downgraded Jana Capital and Jana Holdings' NCDs to default after both entities extended debt repayments by six months due to ...
NPCI partners with HSBC India & JP Morgan Payments to enable real-time FX settlement for international UPI paymentsIndia's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Pa...
Clearing Corporation of India receives European Securities authority recognitionThe European Securities and Markets Authority has granted essential recognition to India's Clearing Corporation, putting an end to a prolon...
India bonds up on oil slump, foreign inflows; 10-year yield posts biggest monthly fall in 7 yearsIn June, Indian government bonds underwent a remarkable rally, showcasing the largest monthly yield drop for the benchmark 10-year bond in ...
'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...
Sebi rejects Anil Ambani's Reliance Infra settlement applicationIndia's market regulator has rejected Anil Ambani's settlement bids concerning allegations of misusing nearly $700 million in company funds...
Adani Ports emerges top contender for Karanja Terminal takeoverAdani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port...
RBI not in favour of offshore settlement for sovereign bonds: ReportIndia's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...
RBI not in favour of offshore settlement for government securities, sources sayThe RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic ...