An update from McLeod Russel India Limited ( ($IN:MCLEODRUSS) ) is now available. McLeod Russel India Limited has announced that its consortium of ...
India's stressed asset market is attracting foreign investors due to regulatory reforms like the IBC and RBI revisions.
India's public sector banks are expected to see a significant profit boost due to a new RBI directive. This allows banks to ...
Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app. Pick your favourite companies, get a daily email with all news updates on them. Full access to our ...
according to an exchange filing made on Wednesday. The assignment was executed via a Deed of Assignment as confirmed by NARCL in a separate letter to the lenders. The transfer, carried out under ...
The Union finance ministry is going to hold a review meeting with public sector banks (PSBs) and select private sector ...
The consideration for the balance amount (₹10,795 crore) would come as security receipts (SRs) issued by NARCL to these banks, sources close to the development said. JAL’s resolution ...
McLeod Russel India Limited's Rs 1,104.69 crore debt has been transferred to NARCL for Rs 700 crore, representing a 36% haircut. The debt transfer aims to help the tea producer restructure and avoid ...
The Reserve Bank of India (RBI) allowed lenders (on Saturday) across the spectrum and ownership types to reverse excess ...
Jaiprakash Associates Ltd., currently navigating insolvency proceedings, witnessed a significant development as lenders transferred outstanding loans to the National Asset Reconstruction Company Ltd ...