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Jaypee group is selling its assets to reduce debt.

NCLAT reserves order on Jaypee Infra land mortgaged with Jaiprakash's...

The NCLT had directed JAL to release and discharge interest created over the land to lenders including ICICI Bank.

10 July 2019 8:33 AM IST

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

NCLAT asks Jet lenders if they would cooperate with Dutch court...

The NCLAT has asked to list the matter on September 4 for further hearing.

21 Aug 2019 3:19 PM IST

Reserve Bank of India (RBI) sets out proposals for tighter governance at banks. (PTI Photo)

RBI proposes stricter governance rules for commercial banks

RBI said the objective of tougher guidelines was to align the current regulatory framework with global best practices

12 Jun 2020 9:13 AM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

State-run banks wiped out the USD 13-billion capital infusion by the...

Around 19 of the 21 state-run banks reported losses for the fiscal, including country's largest lender SBI.

1 Jun 2018 3:36 PM IST

File photo of a Jet Airways flight.

Jet Airways says meeting all payment obligations to lenders

The company has denied suggestions it told staff earlier this month it was running out of money.

12 Aug 2018 3:41 PM IST

Vijay Mallyas plush villa has failed to find buyer

SC to hear today bankers' plea against Vijay Mallya

Consortium of banks had approached apex court seeking its intervention in bringing back Mallya to India.

11 Jan 2017 12:40 PM IST

RCom Chairman Anil Ambani addressing a press conference in Mumbai.

Yes, we can reduce RCom's Rs 45K crore debt: Ambani

Consortium of lenders mulls triggering RBI's strategic debt restructuring for ending debt mess.

3 Jun 2017 10:12 AM IST

Toshiba currently expects an annual net profit of 145 billion yen, up 45 percent from an earlier estimate, on sales of 5.4 trillion yen.

Toshiba creditors likely to approve chip unit collateral for $9.2...

The approval is crucial for the troubled conglomerate, which needs billions of dollars in fresh funding

14 April 2017 8:43 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI files insolvency against Electrosteel at NCLT

The move comes amid SBI and other lenders starting insolvency proceedings against the 12 bad loan accounts identified by...

29 Jun 2017 2:57 PM IST