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The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry asks PSBs to consider selling, swapping loan assets

Swapping and selling assets will help banks to focus on their core competencies and trim their burden.

1 Jan 2018 2:33 PM IST

PNB customers will have to pay charges for depositing cash above Rs 5,000 in a non-base branch even if it is located in the same city.

Enough assets to meet any liability, says scam-hit PNB

The bank had disclosed about the scam on February 14 through a regulatory filing.

22 Feb 2018 5:03 PM IST

Pilot of Air India Jaipur-Delhi flight refused to fly due to duty limitations prescribed by the DGCA. (Photo: File)

Monetise Air India assets rather than selling stake: SJM to govt

The government has injected more than Rs 23,000 crore since 2012 to bail out the airline.

20 April 2018 9:23 AM IST

Interestingly, the promoters of Emami Group have more than adequate pool of diverse assets of value.

Paper, cement next in Emami sight?

With a view to further reduce the debt and reap the benefits of such investments for the benefit of Emami Group.

26 Jun 2019 3:44 AM IST

Interestingly, the promoters of Emami Group have more than adequate pool of diverse assets of value.

Promoters sell 10 per cent in Emami, raise Rs 1,230 crore

The company had earlier resolved to pare the debt of Emami Group and the latest move aims at doing that in the next 6 to...

25 Jun 2019 4:10 AM IST

S V Ranganath appointed as the interim chairman of the Coffee Day Enterprises.

Deleveraging assets to ensure liquidity position of company: CCD

Coffee Day Enterprises Ltd (CDEL) has been trying to divest its assets to pare debt.

13 Sept 2019 3:00 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

India's billionaire count to rise 3 times by 2027: report

India is the sixth wealthiest country in the world with a total wealth of USD 8,230 billion.

23 May 2018 3:10 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

India is the 6th wealthiest country in the world, says report

China stood at the second place with USD 24,803 billion.

21 May 2018 11:46 AM IST

L&T Shipbuilding's auditors raise 'going concern' doubts

The company's losses narrowed to Rs 348.34 crore in FY17 as against Rs 711.71 crore in the previous fiscal.

31 May 2018 12:23 PM IST

The Ministry of External Affairs on Friday suspended validity of passports of Nirav Modi and his business partner and uncle Mehul Choksi with immediate effect for a period of four weeks. (Facebook screengrab/NIRAVMODI)

ED to seek immediate seizure of Nirav's Rs 7,000 cr assets

Agency is likely to seek special court's permission to invoke provisions of the Fugitive Economic Offenders Ordinance.

28 May 2018 9:25 AM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Finance ministry considering to exclude income from minor asset...

Virendra Kumar said the request to carry out amendment in the Income Tax Act was under the consideration of the Finance...

2 Aug 2018 4:07 PM IST

Fitch will no longer provide ratings or analytical coverage for RCom.

RCom sells Rs 2,000 crore worth assets to Reliance Jio

RCom in May it expected to sell assets worth 181 billion rupees ($2.58 billion) to Reliance Jio and Canada's Brookfield.

23 Aug 2018 11:30 AM IST