Government's plan to infuse Rs 20,000 crore into public sector banks puts no pressure on the Centre, but the lenders have to be ready with enough capital if matters go south

The Reserve Bank of India had earlier given the freedom to banks to decide the rules of retail loan restructuring, while a high-powered K V Kamath committee was formed to suggest parameters for corporate restructuring

India Stock Market Highlights Today: Kotak Bank, Axis Bank, HDFC, SBI, ICICI Bank were among the top losers on BSE. On the ohter hand, Maruti, Asian Paints and Sun Pharma were the only gainers

The observations from a two-member NCLAT bench came as it upheld an order of the National Company Law Tribunal

Under restructuring, moratorium should be the last resort as it adds to your interest burden; increasing tenure or reducing EMI could be better options

A bench headed by Justice Ashok Bhushan, which commenced final hearing on a batch of petitions on waiver of interest on deferred loans, was told that paying interest on interest is a \"double whammy\" for borrowers and banks cannot charge it

Senior counsel Rajiv Dutta, appearing for the petitioner Gajendra Sharma who has taken home loan from a bank, assailed the accrual of interests on EMIs even during the moratorium period

Debt investors need to tread carefully in the fixed income market as the balance sheets of the two biggest issuers - the government and corporate sector - are not in the pink of health

The top court also rejected his appeal seeking review of the 2017 ruling which held him guilty of contempt for transferring $40 million to his children's accounts in contravention of court orders

India Stock Market Highlights Today: Eicher Motors, NTPC, Nestle, Power Grid and Bajaj Finserv were leading as top gainers. On the other hand, TCS, Maruti, ITC, Nestle, Infosys, Wipro, HCL Tech, Sun Pharma,  were among the top losers today.

The Supreme Court on Monday rejected a petition by fugitive liquor baron Vijay Mallya seeking review of its 2017 verdict holding him guilty of contempt of court for transferring $40 million to his children

Future Group is in talks with Reliance Retail to sell its flagship Future Retail to pay mounting debts; companies have supposedly reached an agreement regarding certain terms and conditions, and a deal worth Rs 24,000-27,000 crore could be signed soon

TKM Senior Vice President, Sales & Service Naveen Soni said customers who had a loan default of a very small amount ten years ago are now finding it tougher to get loans which is dampening conversion of orders to deliveries

The board was expected to discuss the merger of three group companies- Future Lifestyle, Future Supply Chain, and Future Retail- in the meeting

Selling of controlling stake in Future Retail to Mukesh Ambani's RIL is seen as biggest setback to Biyani, known as one of the best minds in retail business in India. But how did he come to this point?

NCLT has approved initiation of bankruptcy proceedings against Anil Ambani over Rs 1,200 crore owed to State Bank of India

According to Moody's, Indian economy will contract sharply in fiscal year ending March 2021 (fiscal 2020) before returning to growth, though modestly, in fiscal 2021

Development comes days after HDFC Bank reportedly conducted an investigation into \"improper lending practices and conflicts of interests\" in its vehicle-financing arm, following which HDFC Bank's American depositary receipt price fell $1.37 per share on July 13

The apex court said that the NCLT cannot admit cases of default more than three years (as prescribed by the Limitation Act) before the filing of insolvency application

The banks' total outstanding loans to agriculture and allied activities stand at over Rs 22 lakh crore