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Total 11 results found. Search for [ goyal to take loans from PNB ]

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Manu Kaushik & Anand Adhikari
New Delhi, April 17, 2019
Can India's premier airline be rescued?

April 11, 2019
The development comes on a day when the continuity of its international operations also came under threat

April 11, 2019
The airline has reduced its fleet to just 14 planes -- way down from 123 planes in operations at the peak.

New Delhi, April 11, 2019
Naresh Goyal, who owns a 51 per cent stake in the airline, has pledged over 2.95 crore shares or 26.01 per cent stake with state-owned Punjab National Bank.

Manu Kaushik
March 20, 2019
On February 14, the troubled airline Jet Airways announced a bank-led provisional resolution plan (BLPRP) that detailed the plans of Jet's lenders, led by SBI, to take over the airline, and appoint a new board to revive the struggling carrier.

July 23, 2018
The inter-creditor agreement gives more powers to the lead lender in a consortium and allows a resolution plan to be approved if 66 percent of the banks in the group agree to it.

Prosenjit Datta
New Delhi, July 19, 2018
The true extent of the NPA problem only started becoming clear once then RBI governor Raghuram Rajan initiated the Asset Quality Review (AQR) in 2015

July 6, 2018
The Inter-Creditor Agreement (ICA) framework, which envisages effective communication among lenders and lays down some ground rules for multiple-banking arrangements and consortium lending.

Anand Adhikari
July 3, 2018
The BJP-led NDA Government has pulled a rabbit out of their hat by announcing a slew of initiatives aimed at avoiding the bankruptcy proceedings for banks as well as defaulting promoters.

New Delhi, June 28, 2018
The government is also, at best, lukewarm to the idea of an asset reconstruction company (ARC) to take over the public sector banks' toxic loans as it's not keen on diverting more of taxpayers' money toward their resolution in this manner.

New Delhi, June 14, 2018
Technically, a bad bank is an Asset Reconstruction Company (ARC). Once it is formed, banks divide its assets into two categories -- one with non-performing assets and other risky liabilities and the other with healthy assets, which help banks grow financially.