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Results 1520 to 1540 of 2062
PTI
Kolkata, October 27, 2014
United Bank of India has already declared KFA a 'wilful defaulter' for defaulting a loan of Rs 350 crore. Other banks like SBI and PNB are also mulling this route.


Rajesh Kumar Singh
New Delhi, October 22, 2014
The biggest external vulnerability the economy has is its exposure to fluctuations in oil prices, given that it imports more than 70 per cent of its crude needs.


PTI
New Delhi, October 21, 2014
The state-run bank's total income increased to Rs 13,020.46 crore during the second quarter ended September 30, 2014.


Goutam Das
October 30, 2014
Manufacturing's share in the country's GDP has fallen in recent years and it will take more than a marketing campaign to turn India into a manufacturing powerhouse.


Manu Kaushik
Delhi, October 25, 2014
The turnover growth of BT500 companies slowed considerably to 9.7 per cent in 2013/14 as compared to 12.48 per cent in 2012/13 (and 23.16 per cent in 2011/12).


PTI
Mumbai, October 18, 2014
Profit growth came on the back of a healthy 20 per cent rise in the core net interest income at Rs 3,524 crore, which was one of the prime drivers of profitability, CFO SK Gupta said.


Devidutta Tripathy
Mumbai, October 16, 2014
State-run Central Bank of India could be among the first off the block, according to a tender document for advisers seen by Reuters, which outlines a plan to sell all or part of its home finance unit by the end of December.


PTI
New Delhi, October 13, 2014
The provisions and contingencies reduced to Rs 73.20 crore in the reporting quarter, over provisioning of Rs 88.86 crore a year ago.


PTI
Mumbai, September 29, 2014
The Supreme Court on September 25 cancelled the allocation of 214 out of 218 coal blocks made since 1993, impacting at least 11 corporate groups.


Devidutta Tripathy
Mumbai, September 25, 2014
Andhra Bank's total exposure to steel and power companies is between Rs 120 billion and Rs 130 billion, its chairman CVR Rajendran said on Thursday.


Anilesh S. Mahajan
Delhi, September 24, 2014
The plans will trip unless Coal Minister Piyush Goyal can sort out the coal mess and ensure 24/7 power to industrial units across the country.


Anand Adhikari
October 10, 2014
The RBI's wilful default guidelines were framed in 1999. But banks often shy away from declaring a promoter a wilful defaulter as it further complicates the matter.


PTI
Kolkata, September 19, 2014
\"...The bank's exposure to the company is Rs 400 crore,\" UCO Bank CMD Arun Kaul said.


PTI
New Delhi, September 17, 2014
\"We are working on the guidelines for wilful defaulters. It will take some time,\" Sebi Chairman Sinha said in New Delhi on Wednesday.


PTI
New Delhi, September 11, 2014
Bank of America Merrill Lynch noted that \"we thought the S&P downgrade of the BBB- outlook to negative from stable in April 2012 was unwarranted.\"


PTI
Mumbai, September 10, 2014
\"Bhattacharya runs India's biggest bank and is pushing politicians to abandon their practice of forgiving loans, saying that it corrupts the credit culture,\" Bloomberg Markets said in a citation statement.


PTI
Mumbai, September 10, 2014
The central bank said guarantors, who refuse to fulfil their obligations to banks despite having adequate resources, will also be treated as wilful defaulters.


PTI
Mumbai, September 10, 2014
Vijay Mallya's Kingfisher Airlines owes Rs 7,600 crore to 17 banks, of which State Bank of India has an exposure of over Rs 1,600 crore.


Manu Kaushik
September 12, 2014
As the government broke the sub-five per cent growth jinx, analysts say the improvement in business sentiment must be accompanied with substantive policy decisions.


PTI
Mumbai, September 6, 2014
\"The wilful defaulter tag is a powerful weapon in the hands of creditors for resolving distressed assets. It shuts out access to credit within the Indian financial system for a borrower,\" Rajan said without naming Vijay Mallya.


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