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Friday, January 18, 2019

PSU banks withdraw aid to graft accused's legal battle

At present, a committee within banks decides the cases in which financial support is provided.

from Banking/Finance-Industry-Economic Times http://bit.ly/2Fxm6qV
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Banks plan to recast Rs 8,200 crore Jet Airways' debt, may take big hit

State Bank of India (SBI) on Thursday said that lenders are considering a restructuring plan — an acknowledgement that the loan is not viable in the present form.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2T0CeEl
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Why running a marathon is a stress buster for bankers in Mumbai

Races around the world court sponsors like Bank of America, Virgin Money, TCS or BMW claiming that they cater to an upper-income demographic.

from Banking/Finance-Industry-Economic Times http://bit.ly/2sx0fHp
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Thursday, January 17, 2019

IL&FS says unable to meet interest payment obligation

"The company would be unable to service its obligation in respect of the interest of non-convertible debenture due on January 19," the company said in a BSE filing.

from Banking/Finance-Industry-Economic Times http://bit.ly/2CqkHyp
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EAAA raises ₹9,200 crore

Edelweiss Alternative Asset Advisors Ltd (EAAA), a subsidiary of Edelweiss Financial Services Ltd (EFSL), has closed its India-dedicated Alternative I

from Business Line - Money & Banking http://bit.ly/2RUKWXt
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