Search For "bps"
Special Court grants bail to 23 accused related to Bhushan Steel in money
Updated : 5 years, 8 months ago IST
New Delhi [India], September 20 (ANI): A Special Court here granted bail to the former Director, Company Secretary, CFO, and others of Bhushan Power and Steel Private Limited (BPSL), who are accused in connection with a multi-crore money laundering case pertaining to an alleged bank loan fra
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ED unearths clandestine removal of Rs 700 crores of goods in BPSL probe
Updated : 5 years, 9 months ago IST
New Delhi [India], August 21 (ANI): The Enforcement Directorate said on Thursday that it has unearthed clandestine removal of goods worth Rs 700 crores of Bhushan Power & Steel Limited both prior to and during proceedings before NCLT with due involvement of MK Khandelwal, Resolution Prof
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Navnit Motors hosts India's largest BMW Premium Selection facility in Beng
Updated : 5 years, 10 months ago IST
Bengaluru (Karnataka) [India], July 3 (ANI/BusinessWire India): BMW Group India announced the opening of its new BMW Premium Selection (BPS) facility in Bengaluru.
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HDFC reduces prime lending rate by 20 bps to boost loan offtakes
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): Housing Development Finance Corporation (HDFC) on Friday reduced its retail prime lending rate on housing and non-housing loans by 20 basis points.
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RBI slashes repo rate by 40 bps, extends loan moratorium by 3 months
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday reduced the repo rate by 40 basis points to 4 per cent and extended the loan repayment moratorium for another three months up to August 31.
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RBI cuts repo rate by 40 bps to 4 pc to increase credit flow
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.
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RBI slashes reverse repo rate by 25 bps to inject liquidity, no change in
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): The Reserve Bank of India (RBI) on Friday announced a reduction in reverse repo rate by 25 basis points from 4 per cent to 3.75 per cent to facilitate bank credit flows amid the coronavirus crisis and subsequent countrywide lockdown which has
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Gurugram real estate developers laud RBI measures
Updated : 6 years, 2 months ago IST
Gurugram (Haryana) [India], Mar 28 (ANI/ NewsVoir): Gurugram realty developers have lauded RBI measures to inject liquidity into the Indian economy. The Reserve Bank of India today slashed the repo rate by 75 bps to 4.4 percent and reduced the reverse repo rate by 90 bps to 4 percent. Moreov
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Moody's changes outlook on JSW Steel's ratings to stable from positive, af
Updated : 6 years, 2 months ago IST
Singapore, Mar 6 (ANI): Moody's Investors Service has changed the outlook on JSW Steel Ltd's ratings to stable from positive.
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ED files chargesheet in Bhushan Power and Steel Limited bank fraud case
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 17 (ANI): The Enforcement Directorate (ED) on Friday filed a charge-sheet against Bhushan Power and Steel Limited (BPSL) in connection with a money laundering case pertaining to an alleged bank loan fraud.
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Ex-Bhushan Steel CMD Sanjay Singal moves court seeking bail in bank fraud
Updated : 6 years, 5 months ago IST
New Delhi [India], Dec 3 (ANI): Former Bhushan Power and Steel Ltd (BPSL) CMD Sanjay Singal has moved a Delhi court seeking interim bail in connection with a multi-crore money laundering case pertaining to an alleged bank loan fraud.
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Court sends BPSL's ex-chairman to ED custody in bank fraud case
Updated : 6 years, 6 months ago IST
New Delhi [India], Nov 23 (ANI): A Special court on Saturday sent Sanjay Singal, former chief managing director (CMD) of Bhushan Power and Steel Limited, to seven-days in Enforcement Directorate's (ED) remand, in connection with bank loan fraud case.
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