Vijay Mallya lost his final extradition appeal against extradition in the UK courts last month, and he has to be extradited within 28 days

PM Vaya Vandana Yojana pension scheme is offered by Life Insurance Corporation and comes with a lock-in period of 10 years. It gives you an assured annual return of 7.66 per cent per annum

The highway developers want concessionaires to be suitably compensated in terms of extension of concession period, compensation for O&M costs, interest cost and premium waiver among others

Apart from suspension of the insolvency law, the government also announced a slew of other insolvency-related measures

SBI's SME Business Unit to local head offices comes as a reassurance for struggling firms which fear banks could take a long time in processing their applications

Some experts expressed apprehensions that including more firms in the MSME category could crowd out the real small-scale manufacturers and dim their chances of availing various benefits

As on the date of the communication, the company was not in default of any payment obligations to YES Bank under the financing facility availed from the lender, says Dish TV

Share price of YES Bank rose 4.2% intraday to Rs 28 as against the last closing value of Rs 26.85 on BSE.

On the face of it, the guarantee scheme is a great deal for banks as there is no risk of losing money. But in reality, it is going to be a tough task for banks to get the full guaranteed amount from the guarantee corporation

A nationwide lockdown entering its third month is expected to lead to a contraction in economic growth in the current financial year, according to several global rating agencies, which have also changed their outlook on the banking sector to negative

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Banks have in-built mechanism to include the cost of default in the interest rate that it charges from the borrowers as way of credit risk premium, which can be increased or decreased by the bank

The NHAI will disburse 'COVID-19 loan' within 60 days of receiving a valid request from the concessionaire. The loans will be granted only to those parties who are not in default of contractual obligations as on February 19, 2020

Sitharaman said clear instructions have been given in a meeting with CEOs and MDs of public sector banks and financial institutions on Friday that the banks should not be scared to extend loans as 100 per cent guarantee is being given by govt

DCB Bank's provisions and contingencies spiked 240 per cent to Rs 118.24 crore in March quarter, including Rs 63 crore related to COVID-19 regulatory package, compared to Rs 34 crore in the same period last year

A spokesperson for Anil Ambani said the matter pertains to an alleged personal guarantee for a corporate loan availed by Reliance Communications Limited (RCom) in 2012 for global refinancing

\"The bulk of these 53 GW capacities can withstand cash flow pressures owing to their liquidity buffer and/or parentage,\" says Manish Gupta, Senior Director, CRISIL Ratings

CII poll finds governments owe 450 MSMEs Rs 1709 crore; 32% for the past 2 years

CAIT said around 20 per cent of the trading community would have to shut down their businesses if no relief was forthcoming

The financial services industry was already undergoing a transformation in business model. The pandemic will now accelerate the process