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Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard. Photograph: ANI ...
“We currently manage collections for over 98 million retail and small-business loan accounts, covering a loan book of about $250 billion,” says Rishabh Goel, cofounder and chief executive officer ...
Backing embattled Adani Group, rating agency CRISIL Ratings on Friday said the conglomerate has sufficient liquidity and operational cash flows to meet debt obligations and committed capex and that ...
Lenders of bankrupt airline Jet Airways, led by the State Bank of India (SBI), on Thursday told the Supreme Court that successful bidder Jalan Kalrock Consortium (JKC) was “unwilling” ...
US lenders on Tuesday said that the Delaware Supreme Court ruling has affirmed that Byju's defaulted on Term Loan B while the edtech firm asserted that it has no ...
MUMBAI: City-based listed mobile gaming company Nazara Technlogies has been declared the successful bidder through the resolution process to acquire Sachin Tendulkar-backed Smaaash Entertainment (SEPL). The lenders have been ...
Image Source : REUTERS Representational Image Islamabad: Pakistan has met the IMF's benchmarks for maintaining the status quo in the energy sector – in an outcome that may help ...
Future Retail, once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidation as its lenders could not get any reasonable buyer of the debt-ridden firm. ...
Indian lenders are unlikely to clear the vertical split of BSE-listed Vedanta Ltd in a hurry, considering that the demerger would reduce the fungibility of cash flows across businesses ...
This expectation is based on resilient demand, government initiatives, and elections in key states. Lenders in India, comprising banks and finance companies, anticipate robust growth in retail credit during ...
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