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INFRA LENDERS
Harmony Infra acquires complete ownership of The Horizon Residences in IndirapuramHarmony Infra has acquired full ownership of The Horizon Residences in Indirapuram for Rs 250 crore, exiting the previous promoter and lend...
US-Iran peace deal: Is it enough to end the 2-year drought for Nifty bulls, bring FIIs back?A US-Iran peace framework has sparked a sharp rally in Indian markets, sending crude oil prices lower, strengthening the rupee and promptin...
Banks seek RBI relief on InvIT lending rules, warn 3-yr track record rule may slow infra monetisation & fresh fundingBanks have asked the Reserve Bank of India to relax new lending rules for Infrastructure Investment Trusts. The proposed three-year operati...
As India grows richer, banks will have to adjust to thinner margins: Indian Bank CEOIndian Bank's chief Binod Kumar expects interest rates to rise and net interest margins to fall as India develops. He plans to raise capita...
Punjab & Sind Bank aims to cross total business milestone of Rs 3 lakh cr in FY27Punjab & Sind Bank is targeting a significant milestone of Rs 3 lakh crore in total business by the end of the current financial year. This...
Punjab & Sind Bank plans Rs 3,000-cr share sale this fiscalPublic sector lender Punjab & Sind Bank is eying to mobilise up to Rs 3,000 crore via share sale on a private placement basis in a bid to m...
Betting big on Amaravati: Execution, funding and a real trust test aheadThe Andhra Pradesh Reorganisation (Amendment) Act 2026 has formally settled Amaravati as the state’s capital, ending years of political unc...
Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from EdelweissOmkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...
SPML Infra lenders start Rs 2,000-crore debt sale based on anchor bid from NARCLLenders led by SBI are selling debt worth over Rs 2,000 cr of SPML Infrastructure at a reserve price of Rs 405 crore, with the anchor bid s...
Jaypee Infra insolvency: Financial creditors meet on May 15 to discuss bidsThe agenda of the meeting was not disclosed. However, sources said that the lenders and homebuyers will discuss the revised bids submitted ...
Three IL&FS group entities enter into pact with secured lendersThis move is in line with the current management's efforts to monetise assets and would also help in repaying debt to mutual funds.
Era Infra lenders get 215-day breather for insolvency resolutionRelief from NCLT will give creditors time to evaluate fresh bids; other options.
State Bank of India ups target for loan portfolio purchase from NBFCsSBI earlier planned to purchase assets worth Rs 15K cr but will now buy additional assets of up to Rs 30,000 cr.
IL&FS plans to divest assets, cut debt by Rs 30,000 croreThe company has identified 25 projects that it intends to sell.
GTL Infra lenders may sell loan to ARCGTL Infra suffered heavy losses partly due to non-payment of dues by mobile service providers.
GTL Infrastructure seeks to intervene in Aircel bankruptcy proceedingsAircel was GTL Infra’s biggest client. In its application, GTL Infra asked for travel restrictions on Aircel’s current directors to be exte...
Bain-Piramal, Aion among 4 in race to buy 58% stake in GTL InfrastructureThere are 16 lenders to GTL Infra - including SBI, IDBI, United Bank of India and Dena Bank - and they are expecting Rs 10,000 crore from t...
GTL Infrastructure to go under the hammer as early as February next yearThe auction, to be led by Ernst & Young, will entail conversion of Rs 3300 crore of debt into equity.
Lenders may offer helping hand to Maytas InfraLenders to Maytas Infra may be more receptive to the loan restructuring package of the troubled company with the change in the management.
- Institutional lenders seek seat on Maytas Infra board
Institutional lenders, led by IL&FS, have sought seats on Maytas Infra board, the infrastructure firm run by Teja Raju, son of B Ramalinga ...