X plans purchase of last $1.2 billion buyout debt held by banksThe company’s debt repurchase will allow the group of seven banks, led by Morgan Stanley, to shed the riskiest portion of loans that has sa...
22 Mar, 2025, 12.09 PM IST
NCLAT dismisses Deloitte Haskins' plea on admissibility of SFIO's report on IFINThe National Company Law Appellate Tribunal (NCLAT) has dismissed Deloitte Haskins and Sells' petitions challenging the admissibility of SF...
02 Mar, 2025, 07.43 PM IST
Vedanta Resources to raise $1-billion in dual tranche bondsFinal price guidance for the 5.5-year tranche has been set at 9.475%, while the 8.25-year tranche is at 9.850%, which is tight pricing give...
15 Jan, 2025, 05.49 AM IST
MahaRERA proposes each real estate project maintains 3 bank accountsThe Maharashtra Real Estate Regulatory Authority (MahaRERA) has proposed draft guidelines requiring real estate projects to maintain three ...
20 Mar, 2024, 02.43 PM IST
ET Explainer: Impact of RBI curbs on sweetheart deals involving lenders, borrowers and AIFsAlternative Investment Funds are privately managed funds with just a few investors, usually wealthy family offices, banks, NBFCs and other ...
21 Dec, 2023, 06.09 AM IST
Elon Musk's banks may have a way to cut losses from Twitter dealAfter engaging in a weeks-long court battle trying to get out of it, Musk abruptly decided he would close on his deal on the original terms.
11 Oct, 2022, 11.22 AM IST
Sebi questions 'senior-junior' fund deals by non-bank lendersOver the past two years, some of the large non-banking finance companies (NBFCs) have transferred real estate and other wholesale loan expo...
17 Aug, 2022, 06.15 AM IST
Lenders opt for forensic audit of Future RetailKishore Biyani-led Future Retail had attempted to stave off bankruptcy by selling its companies to Reliance Industries' retail unit. Credit...
10 Aug, 2022, 12.25 AM IST
Would want better access to credit, prune the caution list of exporters: CEPC’s Mahavir Pratap Sharma"Since it is an interim budget, we assume that it will also be the financial manifesto of the current government and will show their intent...
15 Jan, 2019, 12.53 PM IST
NCLAT stay to enable value preservation: IL&FS"It would provide much needed relief from precipitative creditor actions against different entities within the IL&FS group," the company sa...
15 Oct, 2018, 08.11 PM IST
Realty queries: Check for existing housing loan on resale propertyGulam Zia, executive director, Knight Frank (India) answers queries from our readers on real estate.
22 Sep, 2017, 12.15 PM IST
SBI arm to offer credit cards against Rs 25,000 fixed deposit of any bankThe subsidiary's move dovetails with the parent bank's latest plan to install around five lakh additional card swipe machines.
21 Dec, 2016, 11.21 AM IST
Government notifies subsidy of Rs 3,300/tonne for raw sugar exportThe government notified export subsidy of Rs 3,300 per tonne on raw sugar shipments undertaken during the February-March of this year.
03 Mar, 2014, 06.24 PM IST
- Loan defaults: Banks can take your cash from account
If you default on your payments, the bank can withdraw money from your savings account or fixed deposits.
28 Feb, 2011, 04.23 AM IST
- Several ways to avoid expensive personal loans for your big-ticket purchases
Instead of going for expensive loans, you can raise money at much cheaper rates.
16 Sep, 2010, 06.28 AM IST
- Banks that took Greenspan’s advice pay the price
It was bound to happen sooner or later, an out-of-the-blue reminder that the froth or the boom or the disconnect between prices and fundame...
13 Feb, 2007, 03.47 AM IST
- ICICI takes Rs 150-cr hit on farm loan fraud
The country’s second-largest bank, ICICI Bank, has taken a hit on loans given against warehouse receipts - a security which acts as evidenc...
19 Jan, 2007, 02.37 AM IST