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IBBI to cap number of cases handled by IPs

Mumbai, July 10 -- The insolvency and bankruptcy board of India (IBBI) has moved to cap the number of ongoing insolvency or liquidation proceedings that can be handled by an insolvency professional (I... Read More


Bond sales touch '2 tn in Q1; RBI auction helps NBFCs raise funds

Mumbai, July 10 -- Indian companies raised over '2 trillion by selling rupee bonds in the quarter ended 30 June, up from '1.3 trillion a year ago, as they tried to insulate their balance sheets from u... Read More


Edelweiss NBFC decides to exit wholesale loans

Mumbai, July 10 -- Edelweiss Financial Services Ltd Tuesday said its non-bank subsidiary ECL Finance Ltd will sell its wholesale loan book within two years to focus solely on retail lending. Edelweis... Read More


PNB looking to raise up to Rs 7,000 crore via share sale

New Delhi, July 9 -- Punjab National Bank is looking to raise equity capital up to Rs.7,000 crore via share sale as it looks to strengthen its balance sheet in a pandemic induced environment. In an e... Read More


PNB looking to raise upto Rs.7,000 crore via share sale

New Delhi, July 9 -- Punjab National Bank is looking to raise equity capital upto Rs.7,000 crore via share sale as it looks to strengthen its balance sheet in a pandemic induced environment. In an ex... Read More


Edelweiss arm to quit wholesale loan business

mumbai, July 9 -- Edelweiss Financial Services Ltd Tuesday said its non-bank subsidiary ECL Finance Ltd will sell its wholesale loan book within two years to focus solely on retail lending. Edelweiss ... Read More


Edelweiss NBFC to exit wholesale loans

New Delhi, July 8 -- Edelweiss Financial Services Ltd Tuesday said its non-bank subsidiary ECL Finance Ltd will sell its wholesale loan book within two years to focus solely on retail lending. Edelwei... Read More


Edelweiss farm to quit wholesale loan biz

India, July 8 -- Edelweiss Financial Services Ltd Tuesday said its non-bank subsidiary ECL Finance Ltd will sell its wholesale loan book within two years to focus solely on retail lending. Edelweiss w... Read More


YES Bank may sell a part of wholesale loan book to SBI

Mumbai, July 8 -- Troubled private sector lender YES Bank Ltd may sell a big chunk of its wholesale loan book to its lead investor, State Bank of India (SBI) to shore up liquidity, three people aware ... Read More


Edelweiss arm to quit wholesale loan biz

mumbai, July 8 -- Edelweiss Financial Services Ltd Tuesday said its non-bank subsidiary ECL Finance Ltd will sell its wholesale loan book within two years to focus solely on retail lending. Edelweiss ... Read More