Mumbai (Maharashtra) [India], June 7 (ANI): The Reserve Bank of India (RBI) on Friday released fresh guidelines to deal with bad loans, which mandated banks to start the resolution even if there was a one-day default.
New Delhi [India], Jun 7 (ANI): A Delhi court on Friday allowed Rajiv Kochhar, the brother-in-law of former ICICI CEO and MD Chanda Kochhar and an accused in the ICICI-Videocon loan case, to undertake a trip to Singapore.
Pune (Maharashtra) [India] June 5(ANI/BusinessWire India): The MSME sector is at the heart of Make in India initiative and to ensure that these businesses flourish, credit support to the sector is of utmost importance. As a business owner, having sufficient finance equals ample working capit
Kolkata (India), June 5(ANI): West Bengal Chief Minister Mamata Banerjee joined a large number of Muslims in prayers on the occasion of Eid-Ul-Fitr and made veiled politically-loaded statements against BJP while addressing the faithful.
Chandigarh (Punjab) [India], June 5 (ANI): Punjab Chief Minister Captain Amarinder Singh has written to Prime Minister Narendra Modi, seeking farm loan waiver at the national level and modification in the Pradhan Mantri Fasal Bima Yojana (PMFBY).
Pune (Maharashtra) [India] June 5 (ANI/BusinessWire India): In today's age of credit cards and easy financing options, it is inevitable that you have to pay multiple EMIs. This can often strain your finances and lead to the payment of penal interest and late charges due to default on payment
New Delhi [India], Jun 3 (ANI): A special court on Monday reserved its order till June 7 on the plea of Rajiv Kochhar, brother-in-law of former ICICI CEO and MD Chanda Kochhar, seeking cancellation of the Look Out Circular (LOC) against him in connection with the ICICI-Videocon loan case.
New Delhi (India) June 1 (ANI): The Prevention of Money Laundering Act (PMLA) Appellate Tribunal has transferred the matters involving ICICI-Videocon loan case accused Nishant Kanodia and Deepak Kochhar to another bench.
Pune (Maharashtra) [India] May 31(ANI/BusinessWire India): Growing income levels in India are giving rise to multiple investment options to individuals looking to park some of their disposable income across different asset classes.
New Delhi [India], May 29 (ANI): Reserve Bank of India (RBI) on Thursday announced the creation of task force on the development of a secondary market for corporate loans.
California [USA], May 28 (ANI): For a common person, a laptop carrying malware is anything but desirable. However, in the world of art, a laptop loaded with some of the most dangerous malware is up for auction.
New Delhi [India], May 28 (ANI): Government-owned Punjab National Bank (PNB) on Tuesday reported a net loss of Rs 4,750 crore in the fourth quarter of 2018-19, largely due to higher provisioning for bad loans.