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Bankruptcy code brings good news for SBI

So far, among the IBC cases, SBI has been able to recover Rs 8,500 crore from Tata Steel’s acquisition of Bhushan Steel. Another Rs 1,500 crore is in an escrow account on account of......

Invested in NCLT cos? You could lose all your money

'When a company goes into insolvency, by definition it means that existing shareholders have been wiped out.'Tinesh Bhasin reports. Illustration: Dominic Xavier/ Many retail shareholders......

'Banks to recover 48% from NPA accounts in RBI list'

The haircut for major banks stands at 52 per cent, if the dues of Jaypee Infrastructure, Lanco Infrastructure and Era Infrastructure are kept out of the calculation. Illustration: Uttam......

Insolvency: Uttam Galva seeks 50% haircut. Will SBI oblige?

Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the......

Claims worth Rs 3.13 lakh cr under insolvency proceedings

The Reserve Bank had identified 12 accounts, each having more than Rs 5,000 crore of outstanding loans accounting for 25 per cent of total NPAs or bad loans of banks, for immediate referral for......
  Web results for Electrosteel Steels
UCO Bank looks at recovery of Rs 4000 crore this fiscal

Kolkata : State-run lender UCO Bank, which is aspiring to be back in profit, is aiming at recovery of bad loans of around Rs. 4,000 crore during... ...
NCLAT declines to stay ElectroSteel#39;s delisting

A two-member bench headed by Chairman Justice S J Mukhopadhaya refused to stay delisting of Electrosteel Steel, over the plea filed by Renaissance... ...
Bajaj Finance, Electrosteel Steels, GlaxoSmithKline Pharma among stocks that hit 52-week highs on NSE

Digg Google Bookmarks StumbleUpon Reddit Newsvine Live Bookmarks Technorati Yahoo Bookmarks Blogmarks ApnaCircle Google Plus Pinterest... ...
Of Growing Troubles at Public Sector Banks, Pressure on Real Estate Players and Key Stocks in Action Today

Posted by Equitymaster Six public sector banks may come under RBIs prompt corrective framework (PCA). Of the 21 state-run banks, eleven are already... ...
Companies under insolvency process to face additional surveillance from June 11

The data available with the BSE shows that 75 firms, including ABG Shipyard, Amtek Auto, Bhushan Steel, Jaypee Infratech, Electrosteel Steels,... ...

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