New Delhi [India], June 7 (ANI): Union Bank of India (UBI) on Monday said it will pick stake in the National Asset Reconstruction Company Ltd (NARCL) and has identified Non Performing Assets (NPAs) worth Rs 7,800 crore to be transferred to the proposed bad bank for resolution.
Mumbai (Maharashtra) [India], May 17 (ANI/NewsVoir): The Board of Tilaknagar Industries has approved allotment of 1.39 crore equity shares of Rs 10 each to Edelweiss Asset Reconstruction Company Limited (EARC) at an issue price of Rs 24.36 per share, including premium of Rs 14.36 per equity
New Delhi [India], April 19 (ANI): Reserve Bank of India (RBI) on Monday constituted a six-membered committee on the functioning of Asset Reconstruction Companies (ARCs) and review of regulatory guidelines applicable to them.
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Wednesday enhanced the maximum end-of-day balance limit for payment banks from Rs 1 lakh per individual to Rs 2 lakh with immediate effect.
New Delhi [India], April 1 (ANI): Union Minister Nitin Gadkari on Thursday announced a slew of construction and rehabilitation projects for roads in the states of Andhra Pradesh, Assam, Ladakh, Rajasthan, Odisha, Ladakh and Telangana.
Kathmandu [Nepal], March 11 (ANI): The reconstruction work of a dharmashala at Budhanilkantha began with Indian assistance in Kathmandu on Thursday, according to the Embassy of India in Nepal.
Kathmandu [Nepal], March 9 (ANI): Reconstruction work of the Shree Bishnu Devi Secondary School has begun with Indian assistance in Kathmandu on Monday, said the Embassy of India in Kathmandu.
Kochi (Kerala) [India], March 8 (ANI): Palarivattom flyover in Kochi that was shut for nearly two years amid allegations of corruption in its making was reopened for the public earlier on Sunday after its reconstruction.
Kathmandu [Nepal], March 3 (ANI): India will be funding Nepali Rs 246 million for the reconstruction of three more Cultural Heritage projects in Nepal after six out of the 28 heritage sites contracts have already been reconstructed.
Kathmandu [Nepal], February 28 (ANI): Indian Ambassador Vinay Mohan Kwatra, Chief Executive Officer (CEO) of National Reconstruction Authority (NRA) Sushil Gyawali, and Mayor of Kathmandu Metropolitan City Bidya Sundar Shakya on Sunday jointly carried out 'bhoomi pooja' for restoration of Se
Kathmandu [Nepal], February 26 (ANI): Embassy of India in Nepal on Friday signed four Memorandums of Understandings (MoUs) for the reconstruction of 25 health posts in the Himalayan country.