State Bank of India
Infrastructure
Construction firm IVRCL heads for liquidation
Hyderabad-based construction company IVRCL Ltd is headed for liquidation after failing to find a buyer under a bankruptcy resolution...
Finance
SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more
State Bank of India (SBI) is leading many fights against top corporate defaulters, including Essar Steel, under the Insolvency and ......
Markets
Nifty, Sensex end lower for fourth day, financial stocks hurt most
Indian shares settled lower for a fourth straight session on Tuesday, weighed down by losses in financial stocks, with State ......
Markets
Sensex gains for third day in a row as SBI, Indiabulls Housing surge
Indian shares closed higher for the third straight day on Wednesday, boosted by gains in financial stocks, with top lender ......
Infrastructure
Jet Airways lenders attempt to sell bankrupt carrier again
Lenders to Jet Airways will open bids to sell the bankrupt airline on July 20, as they look to recover ......
Manufacturing
Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel
A recent order of an appeals tribunal in a case involving the bankruptcy resolution of Essar Steel India Ltd has ......
Finance
Dewan Housing lenders may accept limited haircuts to finalise rescue package
Lenders to India’s Dewan Housing Finance Ltd (DHFL) are prepared to accept limited haircuts as part of a debt restructuring...
Finance
Wilful defaults in India cross $21 bn in 2018-19
India’s state-owned banks had classified 1.50 trillion rupees ($21.76 billion) worth of loans as “wilful defaults”...
Manufacturing
UV ARC acquires cement maker's debt to expand mid-market operations
UV Asset Reconstruction Company Ltd is close to acquiring the entire debt of a distressed cement manufacturing company, as it...
General
Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court
In a development that will help ease the burden of bankruptcy courts and expedite the resolution of distressed assets, the ......
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News