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Total 21 results found. Search for [ IDBI Bank bailout ]

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September 3, 2019
This fresh support to IDBI Bank will help tackle the financial crisis it is embroiled in. The bank has been in the red for the last 11 quarters.

July 22, 2019
Other lenders to Suzlon Energy include Bank of India, Bank of Baroda, Central Bank of India, IDBI Bank and Punjab National Bank; the bad loan tag will force all of them to make provisions for their respective exposures
New Delhi, August 10, 2018
Govt working on turnaround plan for Air India, may allow airlines to raise external commercial borrowingAs the Civil Aviation Ministry plans Rs 11,000-crore bailout package for ailing Air India, Aviation Secretary RN Choubey on Thursday confirmed that the centre is working on a turnaround plan to make the debt-ridden airline competitive. Also, the centre is working on ways to let all airlines raise external commercial borrowing to meet the rising operational costs. The decision se...

July 2, 2018
The IRDAI entered the picture because under current norms, an insurance company cannot hold more than 15 per cent stake in a company.

November 11, 2017
Bankers and policymakers fear India could be throwing good money after bad with the capital injection announced last month, unless it tightens lending rules and institutes governance reforms to insulate banks from political pressure.

Devidutta Tripathy
Mumbai, March 1, 2016
Finance Ministry Arun Jaitley, in his budget speech, stuck to earlier plans to provide $3.7 billion in new capital next year towards the escalating cost of a sector-wide bailout that the government estimates at $26 billion over four years.

BT Online Bureau
New Delhi, June 30, 2015
Nestle India rallied 4.6 per cent in the day's trading session after the High Court allowed it to export is India-banned product Maggi.

Mumbai, June 11, 2012
In sync with stock markets, the rupee on Monday surrendered its earlier gains and closed 32 paise down at 55.74 against the US currency as dollar demand from banks and corporates emerged at fag-end after S&P warned that it could lower India's sovereign rating.

Mumbai, May 28, 2012
The domestic currency gained as much as 82 paise to a dollar in the last three days, extending a turnaround of sentiment from Thursday last when rupee was at its all-time weakest point at 56.38 to a dollar.

New Delhi, May 24, 2012
After plunging to a new low of 56.38, the rupee on Thursday staged a smart recovery to close at 55.64 against the dollar to snap the three-day string of losses as RBI intervention saw increased dollar selling by banks amid investors regaining appetite for Indian stocks.

Mumbai, March 12, 2012
SBI, the country's biggest lender, gained 3.76 per cent while ICICI Bank was up 3.13 per cent on the BSE.

New Delhi, January 19, 2012
\"Kingfisher loan has become NPA for the last one month or so. I don't think Kingfisher loan has reached that stage that loan would have to be sold,\" SBI Chairman Pratip Chaudhuri said.

Mail Today Bureau and PTI
New Delhi, January 6, 2012
Vijay Mallya received a shocker when the State Bank of India called his cash-strapped Kingfisher Airlines a non-performing asset and to compound his woes, the DGCA pulled up the airline for cutting corners at the cost of passenger safety.

New Delhi, November 29, 2011
The airline will present the financial restructure plan to the Finance Minister Pranab Mukherjee-led group of ministers (GoM) which is looking into the airlines' turnaround and financial restructure plan.

Geetanjali Shukla and Kushan Mitra
November 25, 2011
Kingfisher chairman Vijay Mallya has faced rough situations earlier, but the chances that he will be able pull a rabbit out of the hat this time are slim. Only a stroke of financial genius and oodles of luck will save his cash-strapped airline with a debt of Rs 7,500 crore.

BT Online Bureau
New Delhi, November 14, 2011
The bankers have made it clear that the promoters have to put in at least Rs 800 crore worth of fresh equity as the lenders cannot act as promoters of the airline. Cash-strapped Kingfisher Airlines' board will meet again on Tuesday to chalk out a rescue plan for the carrier.

BT Online Bureau
Mumbai, November 14, 2011
At 14.33 pm, the stock was trading 3.82 per cent up at Rs 20.40 on the BSE and 3.56 per cent up at Rs 20.35 on the NSE.

New Delhi, November 12, 2011
The DGCA asks Kingfisher Airlines to provide details of their plan to reconfigure its fleet to prevent a large-scale flight disruption.

Mail Today Bureau
Mumbai, April 8, 2011
As part of debt restructuring plan sanctioned by the RBI, over a dozen of commercial banks that had lent heavily to the Kingfisher airlines, decided to convert their debt into equity.
October 15, 2008
The year 2007 was remarkable for virtually every asset class. Money Today reached out to experts on stocks, real estate, mutual funds and commodities for their views on the way the markets will pan out in the coming times.

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