RBI officers unhappy with new promotion policy, seek return to old system
The Reserve Bank of India’s (RBI) new promotion policy has stirred up a hornet’s nest among officers demanding the central bank reverts […]
Category: Mutual Fund
Mutual Fund Analysis by Collabgenics
UCO Bank expects profitability boost
State-run Uco Bank is hoping that its profitability for the current fiscal will increase as its current account savings account (CASA) deposits […]
Kirloskar family dispute escalates as three brothers trade charges
The Kirloskar family dispute has seen the three Kirloskar brothers trading charges and taking their fight to the NCLT, Sebi and courts. […]
Big banks and Rakesh Jhunjhunwala line up to bid for IL&FS Securities
Lenders including HDFC Bank, ICICI Bank and Axis Bank, and Rakesh Jhunjhunwala’s private equity firm Rare Enterprises are among a dozen bidders […]
IL&FS to monetise road assets
In what could probably be the biggest sale of road projects in the country, troubled infrastructure developer and financier, Infrastructure Leasing & […]
Don’t need RBI funds to bridge deficit: Arun Jaitley
Arun Jaitley expressed confidence that the government would meet its fiscal deficit target for the year to 31 March without dipping into […]
Ahead of Dec 20 NCLT hearing, pact with lenders eludes Punj Lloyd
Diversified infrastructure and engineering conglomerate Punj Lloyd has not been able to achieve any settlement with its lenders ahead of the hearing […]
Need a separate legal framework for resolution of financial service providers
Principal bench of National Company Law Tribunal (NCLT), Delhi, dismissed a corporate insolvency application under the Insolvency and Bankruptcy Code, 2016 filed […]
IBC eliminates right to redemption of Essar Steel shareholders, says lenders
The Insolvency and Bankruptcy Code eliminates the right to redemption of Essar Steel shareholders the counsel to lenders and ArcelorMittal said as […]
Revisiting pre-IBC norms only after current rush: FM Arun Jaitley
Only after the initial clutter of insolvency cases is cleared, marrying the pre-Insolvency and Bankruptcy Code (IBC) mechanism with the current law […]