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The company classifies micro-loans as ones which are given on a joint group lending model. (Photo: Twitter)

Liquidity issues, Aadhaar ban roil NBFCs, micro-credit plunge 15 pc in...

Disbursements stood at Rs 41,840 crore for the third quarter of the current fiscal year, down from Rs 49,450 crore.

17 Feb 2019 10:39 AM IST

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.

NCLAT allows banks to declare defaulting ILFS accounts as NPAs

NCLAT has observed that lenders must not withdraw support until a resolution is found of the IL&FS and its group...

2 May 2019 4:55 PM IST

Arun K Shaha was the former joint managing director of IL&FS Financial Services, while K Ramchand was the former managing director. (Photo: ANI)

IL&FS Row: Court sends two former executives to ED custody till June...

During the course of proceedings today, ED said that scam is worth Rs 91,000 crore and a lot of investigation is...

20 Jun 2019 8:20 PM IST

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.

IL&FS Transportation Networks defaults on NCD interest payment

IL&FS and its subsidiaries have defaulted on many debt instruments over the past few months due to insufficient funds.

22 July 2019 2:37 PM IST

Raj Thackeray vows not to be cowed down

Thackeray visited the ED office as the officers had summoned him for questioning in the case.

23 Aug 2019 6:04 AM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

Questions of propriety raised over LIC bailing out IL&FS

The IL&FS bailout would be one of the biggest for the insurer, as it would mean taking over a debt of Rs 65,000 crore.

14 Aug 2018 9:18 AM IST