The Anil Ambani-controlled Reliance Capital's subsidiary defaulted on loan on February 15, 2021, and the current amount of default is Rs 40 crore alongside an interest of Rs 15 lakh

Why Shapoorji Pallonji Group, with exposure to worst-hit sectors such as construction, real estate and infrastructure, is exploring options to deleverage

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue

On like-to-like basis, Q3 profit stands at Rs 3,694 crore compared to Rs 2,908 crore in the previous year, reflecting a growth of 27 per cent, says HDFC Ltd. Net interest income for the quarter ended December 31, 2020, grew 26 percent at Rs 4,068 crore

Shetty was arrested in March 2018 for allegedly playing a key role in the Rs 13,700-crore loan fraud while working as a deputy manager at PNB's Brady House branch in Mumbai

The government gives guaranteed return to private companies in its business dealings and considers their profit-motive good and desirable. Why the same doesn't hold true for farmers?

Being prudent, adhering to strong governance practices and focusing on long-term growth are critical

The solution is to deepen India's bond markets to free the NBFCs from excessive dependence on banks, and make the occasional failures (IL&FS, DHFL) less traumatic for the banking system

A bench of Justices U U Lalit and Ashok Bhushan posted the matter for further hearing on March 15, after Solicitor General Tushar Mehta sought some time to file report on the status of extradition of Mallya

Acting on a petition by Pune-based RTI activist Vihar Durve, the panel directed the central agency to cite regulations under which look out circulars were issued in October and November, 2015

Stocks to watch today on January 7: Bandhan Bank, Lupin, TCS, SBI, Wipro, Maruti among others are the top stocks to watch out for in Thursday's trading session

Shares of Zee Entertainment fell as much as 4.83 per cent to hit an intraday low of Rs 201.95 after Delhi High Court rejected the company's plea seeking stay on IndusInd Bank's demand of Rs 83 crore

Reliance Capital failed to make interest payment of Rs 4.77 crore to HDFC and Rs 71 lakh to Axis Bank as on October 31

Rahul Gandhi took a dig at the Centre over the Reserve Bank of India's recent proposal to allow large corporate houses as promoters of banks. He mimicked Union Home Minister Amit Shah's phrase 'Chronology samajhiye' (Understand the Chronology) in the tweet

Sources reveal the private bank has an exposure of Rs 90 crore in one of the loan accounts of Pune-based loss-making firm Bilcare Ltd. This loan was converted into a zero coupon non-convertible debenture (NCD) by the bank with no repayments scheduled for the first five years

Moody's said India and Indonesia are DBS' core foreign markets where it is actively growing its digital banking services, and had more than 3 million digital bank customers in these two markets at the end of 2019

The MIAL, also known as Chhatrapati Shivaji International Airport, has sought a reduction in interest rate for all loans and wanted additional term loans for the period ending March 2021

The order was passed by Justice SV Kotwal, who had reserved the judgement on October 23, after hearing their bail pleas for three days

The credit card outstanding data released by the RBI had also indicated a cautious approach. There is a negative growth of 3 per cent in the first five months of 2020-21 with credit card outstanding at Rs 1.04 lakh crore

Pushed by the Supreme Court, this interest waiver may appear to be a good relief for the borrowers; however, going by the basic method of computation, the benefit for retail borrowers appears to be marginal