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......

Road sector alone saved Rs 3 trillion worth of loans: Gadkari

Gadkari, who handles key infrastructure-related portfolios, said there is no problem with the road sector at present and money is not an issue anymore. As banks work overtime to resolve dud loans......

India Inc asset sales peak in 2016, Essar tops list

The sale of Essar Oil was India’s biggest deleveraging exercise undertaken by any debt-heavy group The sale of Essar Oil and related infrastructure to Rosneft and other partners has created......

RBI rate cut: Is it time to bet on high-debt companies?

Experts say investors should be careful, as even a 50-100 bps cut in rates will not help such companies if their business is not doing well. Check what is the problem and consider The Reserve......