The Economic Offences Wing of the Mumbai police on Friday sought to close a case related to an alleged Rs 25,000 crore scam at the Maharashtra State Cooperative Bank in which Maharashtra deputy......
Shops were closed and goods transport vehicles remained off the roads in a 12-hour shutdown called by trade bodies across Nagaland on Thursday over alleged illegal taxation by Naga political groups......
The Supreme Court has ruled that a bank’s one-time settlement (OTS) scheme cannot be invoked as a matter of right and that borrowers must strictly comply with its mandatory conditions, including......
The finance ministry is considering extending the scope of the Securitisation and Reconstruction of Financial Assets Bill, 2002 to registered non-banking finance companies.Finance Minister Jaswant......
The government may amend the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2003, to ensure that banks can issue notices to loan defaulters whose......
Defending the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, before the Supreme Court on Monday, Attorney-General Soli Sorabjee proposed to......
Lenders to debt-laden media firm Deccan Chronicle Holdings Limited have started the process of recovering their loans, starting with intangible assets.“We have initiated the recovery process......
MCA blamed its financial troubles on non-receipt of payments from the Board of Control for Cricket in India for the last 10 months. IMAGE: The Maharashtra Cricket Association's international......