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Clix-LVB deal hits rough weather over RFL case

New Delhi, Oct. 28 -- The proposed merger between Clix Capital and Lakshmi Vilas Bank (LVB) has run into delays over the provisioning of the bank's contingent liability of Rs.720 crore related to tran... Read More


Retail debtors skip loan recast

New Delhi, Oct. 28 -- Loan recast offers by banks to retail customers have found few takers despite widespread financial distress, baffling bankers. Over a month after State Bank of India launched a ... Read More


Retail loan restructuring plan finds few takers

Mumbai,, Oct. 28 -- Loan recast offers by banks to retail customers have found few takers despite widespread financial distress, baffling bankers. Over a month after State Bank of India launched a we... Read More


Loan recasts find few takers among retail debt holders

mumbai, Oct. 28 -- Loan recast offers by banks to retail customers have found few takers despite widespread financial distress, baffling bankers. Over a month after State Bank of India launched a web... Read More


DHFL lenders seek higher bids by 31 Oct

New Delhi, Oct. 27 -- Lenders to debt-ridden Dewan Housing Finance Corp. Ltd (DHFL) have asked the four bidders for the company to get back with a revised offer by 31 October as part of the ongoing re... Read More


DHFL lenders seek higher bids by Oct 31 after CoC meet

Mumbai,, Oct. 26 -- Lenders to debt-ridden Dewan Housing Finance Corp. Ltd (DHFL) have asked the four bidders for the company to get back with a revised offer by October 31 as part of the ongoing reso... Read More


RBI Governor Shaktikanta Das tests Covid positive

Mumbai, Oct. 26 -- Reserve Bank of India Governor Shaktikanta Das tested positive for Covid-19 on Sunday. Das announced the news on Twitter, "I have tested Covid 19 positive. Asymptomatic. Feeling ve... Read More


Lenders ask DHFL bidders to sweeten their bids by 31 Oct

Mumbai, Oct. 26 -- Lenders to the debt ridden mortgage financier Dewan Housing Finance Corp. Ltd (DHFL) have asked the four bidders to get back with a revised offer by 31 October as part of the on-goi... Read More


Lenders ask DHFL's bidders to sweeten their bids by 31 Oct

Mumbai, Oct. 26 -- Lenders to the debt ridden mortgage financier Dewan Housing Finance Corp. Ltd (DHFL) have asked the four bidders to get back with a revised offer by 31 October as part of the on-goi... Read More


MPC differs over growth trajectory

India, Oct. 24 -- The pace of economic recovery, inflation expectations and output gap dominated discussions at the Monetary Policy Committee's (MPC) latest meeting, minutes released on Friday showed.... Read More