These companies may recall loans in extreme cases; loan-to-value ratio stands at 60% but scrap value at 75%.
Hongkong and Shanghai Banking Corporation (HSBC) is exploring opportunities beyond metro cities to expand its commercial banking business in India.
These trusts hold 66 per cent stake in unlisted Tata Sons, the holding company of the $100-billion Tata group of companies.
Card fees likely to increase to offset replacement cost.
It appears the two banks are now convinced that increasing their credit card portfolios will not lead to significant erosion in asset quality.
The mining major is selling the company to reduce its debt.
Cairn Energy Plc, which has 50 production blocks across the world, holds 10% in Cairn India.
Most have seen decline in cash reserves and deterioration in financial ratios in recent years.
Citigroup's former chief executive officer, Vikram Pandit, might be joining the race to become a co-applicant for a banking licence in India.
An interest rate cut, at a time when demand was not showing any sign of revival, would boost sentiments, especially for interest-rate sensitives like the car and real estate sectors, which had been showing negative growth, a majority of the 15 CEOs polled by Business Standard said.
Tribunal ruling in I-T's favour may open floodgates to claims against other MNCs.
Interview with chief investment strategist, Reliance Capital.
Interview with chairman, Vedanta.
Interview with Richard Rekhy, chief executive officer of KPMG India.
Global experience in allowing corporate groups to set up banks reveals that stringent regulation is the best defence against malpractice.
Shyam Srinivasan, managing director and CEO, shares with Business Standard the strategy to grow the bank's retail lending business in the coming quarters.
Guarantees given to overseas arms under I-T scanner.
Claim could be over fee for guarantees given for loans to acquire Novelis.
Companies in India would empathise with Dell as their delisting experience hasn't been easy, either.