Premium and super-premium cement brands account for 60 per cent of revenues and in the next two years it would rise to at least 80 per cent...

SSG Capital, Numetal, Arcelor-Mittal, Vedanta Resources, Tata Steel and Nippon are among the six entities that initially showed interest in...

The two banks had together put up Rs 2,430 crore in loans for sale. Bhushan Steel is facing bankrupcy proceedings and in the process of fin...

Indian banks are saddled with over Rs 10 lakh crore worth of dud loans which are eating into their earnings and limiting their ability to l...

The bank's net interest margins improved to 2.44 per cent in the first quarter from 2.02 per cent on a decrease in cost of deposit and incr...

Lenders approached NCLT in Chandigarh early this week and suggested consulting firm EY.

Pine Forest Products & Investments issued notice under bankruptcy after the company failed to repay loans despite giving two notices.

Other accounts that are being doing rounds but could not be independently include IVRCL, Era Group, Prayagraj Power, Aban Holding, and ABG ...

Lenders expect chaotic situation to prevail in the next year or so as the company law tribunal that administers the bankruptcy code comes t...

NCALT rejects borrower's plea to be heard, but advises court to be cautious.

“Encore has received an approval from the RBI for setting up an ARC," said Encore official in an email reply to ET. Fortune Financial did n...

Speaking at an event in Bengaluru, RBI governor Raghuram Rajan had said, “We will shortly license a number of new ARCs to provide a deeper ...

We are also working on a framework to enhance efficiency and transparency of price discovery in sale of stressed assets by banks to ARCs,” ...

The RBI is looking at developing a bond index and setting up a new trading platform for repos and corporate bonds to deepen the bond marker...

BJP hit back at Congress for releasing pictures of Narendra Modi with Lalit Modi and alleged that it showed "political bankruptcy" and "che...

The Union Ministry of Finance is closely monitoring the balance sheets of the arms of troubled entities in US-Lehman Brothers and Merrill L...

To pacify corporate India, which has dubbed the NPA Ordinance as financial Pota, the Finance Ministry has appointed a five-member committee...