Search For "resolution plan"
FM Sitharaman asks banks to roll out loan resolution schemes by mid-Septem
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Finance Minister Nirmala Sitharaman on Thursday asked bankers to roll out loan resolution schemes by September 15 and COVID-19 related distress must not impact their assessment of borrowers' creditworthiness.
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Jaypee case: SC transfers to itself appeals before NCLAT to ensure no dela
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 6 (ANI): The Supreme Court on Thursday transferred to itself all the appeals pending before the National Company Law Appellate Tribunal (NCLAT) related to the debt-ridden firm Jaypee to ensure no further delay in execution of the NBCC's resolution plan.
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Resolution plan to deal with Yes Bank crisis bizarre, SBI should take ov
Updated : 6 years ago IST
New Delhi [India], Mar 7 (ANI): Senior Congress leader P Chidambaram on Saturday termed the resolution plan proposed to deal with Yes Bank crisis as "bizarre", saying that a better option would be for SBI to take over loan book of Yes Bank at one rupee.
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Debt-ridden DHFL posts Q3 net profit at Rs 934 crore
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Feb 20 (ANI): Debt-ridden mortgage lender Dewan Housing Finance Corporation Ltd (DHFL) on Thursday reported a standalone net profit of Rs 934 crore in the third quarter of current financial year as against a loss of Rs 6,705 crore in the same period of previous
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Vedanta implementing acquisition of Ferro Alloys Corporation
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 31 (ANI): Vedanta Ltd, one of the world's leading diversified natural resource companies, said on Friday it is implementing the approved resolution plan for Ferro Alloys Corporation.
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Religare Finvest Limited likely to revive its Business by March 2020
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 30 (ANI/NewsVoir): Religare Finvest Limited (RFL), which has been one of the leading SME financing platforms in India with a peak loan book of Rs 16,000 crore (Cr) has said today that the company is looking forward to completing the entire process of the DR plan with t
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NBCC submits revised resolution plan for Jaypee Infratech
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 4 (ANI): Public sector construction major NBCC India Ltd has submitted a revised resolution plan for debt-laden Jaypee Infratech Ltd.
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RBI files application for bankruptcy proceedings against DHFL
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 30 (ANI): The Reserve Bank of India (RBI) has filed an application to initiate insolvency proceedings against mortgage lender Dewan Housing Finance Ltd (DHFL).
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NBCC submits revised bid for crisis-hit Jaypee Infratech
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 18 (ANI): Public sector construction major NBCC India Ltd said on Monday it has submitted a resolution plan for debt-laden Jaypee Infratech Ltd with respect to the latter's corporate insolvency resolution process.
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MBL Infrastructures to raise Rs 300 crore, aims to implement resolution pl
Updated : 6 years, 5 months ago IST
New Delhi [India], Sep 30 (ANI): Civil engineering major MBL Infrastructures said on Monday that its shareholders have approved an enabling resolution for raising of funds up to Rs 300 crore by way of public issue or private placement, including through a qualified institutions placement.
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Reliance Capital to exit lending business: Anil Ambani
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 30 (ANI): Reliance Anil Dhirubhai Ambani Group (ADAG) Chairman Anil Ambani said on Monday that Reliance Capital will no longer be in any lending business.
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DHFL to discuss draft resolution plan with bankers
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 24 (ANI): Financially-strapped Dewan Housing Finance Corporation (DHFL) will discuss its draft resolution plan at a meeting of lenders on Wednesday.
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