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PTI
October 20, 2018
The net interest income for the quarter grew by 20.6 per cent to Rs 11,763.4 crore, driven by average asset growth of 22.9 per cent and a net interest margin of 4.3 per cent.


PTI
October 20, 2018



PTI
October 20, 2018



BusinessToday.In
October 19, 2018
The Lakshmi Mittal-owned global steel giant bagged the lenders' approval following a long legal battle with other players in the race for acquiring Essar Steel.


PTI
October 17, 2018
ArcelorMittal said it will pay Rs 7,469 crore to the creditors of Uttam Galva and KKS Petron to be eligible to acquire the debt-laden firm, as per Supreme Court order.


PTI
October 17, 2018



PTI
October 17, 2018



BusinessToday.In
New Delhi, October 17, 2018
Of the total amount of Rs 4,500 crore, the amount calculated for Uttam Galva is Rs 3,987 crore and Rs 567 crore for KSS Petron, however this does not include the penal interest or other charges.


PTI
October 16, 2018



PTI
October 16, 2018



PTI
October 15, 2018



PTI
October 15, 2018



PTI
October 15, 2018



Aprajita Sharma
New Delhi, October 15, 2018
Default on payments has put NBFCs under scrutiny and exposed the fault lines in the commercial papers they have issued


PTI
October 12, 2018



PTI
October 12, 2018



Anilesh S Mahajan
New Delhi, October 11, 2018
This trend is sector agnostic. Similarly, in renewable energy sector, the investors are keen on projects backed by the central agencies-with better credit rating-but banks are stepping back seeing the aggression.


PTI
October 11, 2018



PTI
October 11, 2018



Prosenjit Datta
New Delhi, October 11, 2018
The cleanup of the financial system was actually initiated by the previous governor, Raghuram Rajan, when he started the Asset Quality Review (AQR) of banks in July 2015, which forced banks to stop ever greening loans and owe up to their bad loans.


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