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Banks to now refer 28 large dud accounts to NCLT

These together account for 40 per cent of bad loans of around Rs 4 trillion. With the RBI's deadline ending on Wednesday to resolve the 28 large stressed accounts that the regulator had identified......

Banks crack whip on debt rejig

Govt asks lenders to focus on all defaulters not just high-profile ones Banks have given a stern message to companies under debt restructuring, especially steel firms: Shape up or ship out.The......

FinMin to meet PSU banks to review stalled projects

Concerned over rising bad loans in infrastructure sector, the Finance Ministry has called a meeting of heads of public sector banks tomorrow to chalk out a roadmap for clearing bottlenecks that......

Make in India? It's tough, say steel manufacturers

Govt continues to dither on anti-dumping duty against cheap Chinese steel imports; risk of steel sector NPAs looms large as production is unviable. The central government’s Make-in-India......

Dividends likely to rain as firms back in black

So far, 145 companies have paid Rs 125.65 billion (Rs 12,565 crore) as interim dividend for 2009-10Thanks to the turnaround scripted in the third quarter and prospects of more than 30 per cent......
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