News for ' Indiabulls Commercial Credit'

Last month, the bank was placed under Prompt Corrective Action due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years....

Those willing to take a higher risk for higher returns can look at AAA-rated non-convertible debentures from reputed issuers, says Tinesh Bhasin.Illustration: Uttam Ghosh/Rediff.com For those...

Crisis-hit Lakshmi Vilas Bank (LVB) will merge into the Indian arm of Singapore-based DBS Bank on Friday, leading to removal of all restrictions, including withdrawal cap of Rs 25,000, which the...

For non-banks, the IL&FS crisis was nothing short of India’s Lehman moment, which has for a foreseeable future reset the sector on multiple grounds. Two and a half years after the...

Nearly three-fourths of the debt money, as of April 30, 2019, was invested in securities with duration of less than three years. Illustration: Uttam Ghosh/Rediff.com Mutual funds are facing a...