Sources said a few other lenders were also contemplating a move to declare both Kingfisher Airlines and UBHL wilful defaulters.
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With its Mitsubishi JV beginning operations this quarter, analysts expect meaningful revenue addition
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.
India Inc's earnings seem to have gathered momentum with a surge in the BSE Sensex over the past two quarters.
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.
Analysts are enthused by BPCL's upstream foray and have re-rated the stock in the past couple of years.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
While hotels and FMCG saw weak top line growth, most segments witnessed Ebit margin contraction.
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.
ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.
IBA has commissioned a study to evaluate the pros and cons of keeping banks shut on Saturdays.
IT companies have, in recent times, re-invested gains arising from a weaker rupee.
With the advent of new banks, IT firms will get boostto their businesses.
Most players will need to burn the midnight oil to meet the deadline for creating a bank as well as specific norms set by RBI.
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