Sources said a few other lenders were also contemplating a move to declare both Kingfisher Airlines and UBHL wilful defaulters.
Global liquidity expected to continue amid ECB stimulus
Wilful defaulters will not be allowed to take up board positions in any company.
Poddar-Mallya agreement on running MCF likely to be re-worked.
Growth in India's gross domestic product for the June quarter of 2013-14, as well as for the entire 2014-15, was 4.7%.
RBI is committed to bringing down retail inflation to eight per cent by January 2015 and six per cent by January 2016.
Sebi asked to reconsider open offer nod as KFA was identified as wilful defaulter.
Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
These schemes are expected to perform in the next 2-3 years.
To neutralise this, RBI has been doing forward swaps
According to experts, due to reduction in withholding tax, FIIs' investment in corporate bonds will pick up.
Fresh hiring might slow as banks likely to focus on improving efficiencies.
Vijay Mallya, the embattled chairman of the UB Group, is not likely to be immediately named a wilful defaulter by the United Bank of India.
Writes to shareholders highlighting its performance, governance practices.
With the euphoria over the National Democratic Alliance's victory in the stock market continuing, the rupee is likely to touch 57 to the dollar soon.
Foreign institutional investors (FIIs) are set to pump in more funds in debt securities, as the next government under the Bharatiya Janata Party (BJP) is expected to be a stable one and is seen as growth-oriented by market participants.
The yield on the 10-year bond may fall to 8.70 per cent due to FII flows in debt.
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