So far, JKC has managed to get just five aircraft
"These are matters of serious concern to the Reserve Bank," it said, asking lenders to take corrective action "including system level changes"
Global bond investors keen to invest in Indian infrastructure sector
The committee, headed by D C Jain, a former senior officer with the CBI, is expected to suggest ways to protect bank executives from arbitrary actions related to loan decisions
This week we explain how to play safe on peer-to-peer platforms; how mineral water assists your health
It had earlier offered a one-time payment (OTS) of Rs 1,030 crore to lenders in settling the entire outstanding against the loans including interest
The bank's net interest income during the third quarter of this fiscal stood at Rs 383 crore, with an increase of 9 per cent over Rs 350 crore in Q3 of FY23
The bank clarified in an exchange filing that the regulator has not initiated a broader audit
Total deposits grew 14.8% to Rs 1.17 trn, lender tells exchanges
Indian Shadow lenders declined after the nation's central bank tightened norms for investments by banks and other regulated entities into alternative investment funds to plug lending loopholes.
An unsolicited bid of Rs 3,650 crore was submitted by Adani Power, which was later improved to Rs 4,100 crore
Bajaj Finance was directed on Wednesday to stop offering credit via two products that failed to comply with digital lending rules
As a precautionary measure the bank has made the IMPS channel offline
The compensation provided to the complainant will be apportioned among the concerned lender and CIC proportionately
Lender says action by some employees will not impact it; conducts internal investigation
For delays, attributable to the REs, beyond 30 days, they will compensate borrowers at a rate of 5,000 per day for each day of delay
Byju's and its lenders have been mired in a conflict for almost a year, during which rounds of negotiations to revamp its loan agreement have failed
A trader at another PD said that the introduction of 20-year bonds seems unlikely
Mere communication of rules for reset and choice fixed rates via channels including email would not be enough
Regulated entities are barred from imposing such charges in the 'penal interest' that is added to the rate of interest charged on the advances