NCLT rejects government’s plea of 3 months moratorium

The government had sought moratorium seeking relief after 49 creditors, including bond holders, demanded payment under threat of legal proceedings.

from Banking/Finance-Industry-Economic Times https://ift.tt/2OZfYfp

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Centre to urge PSBs to ease lending to exporters

Priority status for export sector in the pipeline

from Business Line - Money & Banking https://ift.tt/2yhnMQ9

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LIC not to intervene in IDBI Bank functioning

As majority shareholder, VK Sharma likely to be Chairman, but bank to be professionally run

from Business Line - Money & Banking https://ift.tt/2yAMp9L

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IREDA plans to sponsor Alternative Investment Fund

Govt-owned lender to raise ₹1,500 cr

from Business Line - Money & Banking https://ift.tt/2CKqx03

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‘United Bank’s performance can only improve now’

The bank will use 4C formula to make a turnaround by Q4, says its MD & CEO

from Business Line - Money & Banking https://ift.tt/2yDZqzv

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