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Creditors of cash-strapped DHFL claim dues worth Rs 87,905.6 crore
Of the total, the financial creditors - banks, bond holders and other financial institutions - have claimed Rs 86,892 crore. Illustration: Uttam Ghosh/Rediff.com Creditors to Dewan Housing Finance......
In a first, RBI sends DHFL to NCLT for debt resolution
Most banks led by the State Bank, have or are going to declare DHFL account as NPA in the third quarter. Illustration: Dominic Xavier/Rediff.com The Reserve Bank on Friday sent the troubled......
DHFL finally lands in bankruptcy court
RBI has appointed R Subramaniakumar, the ex-managing director of Indian Overseas Bank as the administrator of the third largest pureplay mortgage lender. Illustration: Uttam Ghosh/Rediff.com The......
How the economy stands to gain from bank recapitalisation move
The move will have cascading effects for lot of related sectors The government’s recapitalisation plan can give a big push to the anaemic credit growth in the system, as banks now will have......
'NPAs are part of the business'
My NPAs are reducing and recovery is going up. This will help us to augment our revenue, says R Subramaniakumar of IOB. -- RBI, govt to help banks end NPA woes by Mar '17: Rajan Chennai-based......
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