lenders

New Delhi: Appellate tribunal NCLAT has rejected SBI's arguments opposing the liquidation value of ITPCL offered by the debt-laden company's lead banker PN and said the country's largest lender is not entitled to liquidation value of IL&FS group's thermal Power cannot "end" the company's debt...

New Delhi: Concerned over slow progress, lenders to debt-ridden Reliance Capital (RCAP) have expedited the process of obtaining necessary regulatory approvals from Hinduja group arm, IndusInd International Holding Ltd, meeting the May 27 resolution plan deadline. Asked to bring. ,In a meeting...

LSPs are entities appointed by banks or NBFCs to perform certain functions such as customer acquisition, underwriting and loan recovery on digital platforms. In some cases, a regulated entity may also act as an LSP.RBI's draft guidelines state that banks and NBFCs should ensure that their LSPs...

Mumbai: The Reserve Bank of India (RBI) on Friday proposed that loan service providers (LSPs) acting as agents of banks should provide information to borrowers about all loan offers available with them so that they can take an informed decision.Many LSPs provide aggregation services for loan...

New Delhi [India], Three Indian lenders made the list of top 50 banks in the Asia-Pacific region in 2023, up from two in 2022, according to a S&P Global Market Intelligence report. These Indian banks are State Ban of India, HDFC Bank and ICICI Bank. Indian banks have been among the...

New Delhi, Deposit-taking NBFC PHF Leasing Ltd on Tuesday said it has raised USD 10 million capital through equity and debt which will be used to expand into new areas.This comprises approximately 60 per cent equity and 40 per cent debt, the Jalandhar-headquartered company said in a release...

Mumbai: Kotak Mahindra Bank customers on Monday reported difficulties in accessing banking services for more than 11 hours due to server problems of the private sector lender.Kotak Bank customers faced difficulties in completing transactions like UP payments, fund withdrawals and accessing...

Mumbai, Kotak Mahindra Bank customers on Monday reported difficulties in accessing services due to problems in the private sector lender's systems.Customers of the lender faced difficulties in completing transactions like making UPI payments, withdrawing money and accessing online banking in...

New Delhi: In a relief to Reliance Infrastructure, the National Company Law Tribunal (NCLT) has disposed of the insolvency case filed by SBI and IDBI Bank against Mumba Metro One Private Limited (MMOPL).Mumbai Metro One Private Limited (MMOPL) is a 74:26 joint venture between Reliance...

VMP Mumbai (Maharashtra) [India], April 15: Siddharth Agarwal, Founder and Managing Director, Mobikul Technologies Pvt. Ltd. shares Mobicule's pioneering journey in transforming credit solutions in India. In this era of technological advancement, the loan resolution landscape in India is...