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Bank of Baroda on Tuesday said its loan account to debt-laden Infrastructure Leasing and Financing Services (IL&FS) continues to remain standard at present.

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IL&FS board charges former directors of money laundering, criminal...

The notices, dated February 27, have asked former directors to reply within seven days upon receipt.

5 March 2019 4:48 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

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RBI asks banks to disclose IL&FS provisions in Q4 accounts

RBI has asked banks to disclose the IL&FS and group entities exposure in the notes to accounts in a standard proforma.

25 April 2019 9:02 AM IST

The first liquefied natural gas (LNG) shipment from the US arrived at the Dabhol terminal of state-run gas major Gail here on Friday.

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GAIL emerges as highest bidder for IL&FS wind power plants

The bidding process to these assets having 12 sites spread across seven states was launched in November last year.

23 April 2019 9:32 AM IST

RBI has moved the NCLAT seeking modification of its order that restrained banks from declaring accounts of IL&FS and its group companies as NPAs.

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Banks have to mark IL&FS accounts as NPAs after default: RBI to NCLAT

NCLAT also took on record the information provided by IL&FS about the four amber listed group companies.

17 April 2019 8:53 AM IST

Ramesh Bawa was arrested late Friday night in the national capital after the Supreme Court recently refused to extend relief of granting him bail from arrest.

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Former IL&FS MD, CEO Ramesh Bawa arrested by SFIO

On April 1, SFIO, the investigative arm of the Ministry of Corporate Affairs had arrested former ILFS Chairman Hari...

13 April 2019 1:14 PM IST

The audit report said that former managing director of IL&FS Financial Services (IFIN) Ramesh Bawa did not disclose his investments in AAA Info-system and AAAB Infra-structure, though it was mandatory for all company directors to disclose their investments in other firms as per the Companys Act.

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Audit finds 107 cases of shady lending at IL&FS

The Enforce-ment Directorate (ED) may now take the cognisance of the report for further action.

16 May 2019 6:33 AM IST

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NSE fines 250 companies for non-compliance with listing regulations

The move is in accordance with Sebi's circular that had put in place a standard operating procedure to check...

15 May 2019 4:48 PM IST

$\There is an imminent crisis in the NBFC sector. There is a credit squeeze, over-leveraging, excessive concentration, massive mismatch between assets and liabilities, coupled with some misadventures by some very large entities, which is a perfect recipe for disaster,\ Injeti Srinivas said.$ Business