Knowing the factors influencing credit score while availing of loans and credit cards in India is…
Tag: Lenders
Jet Airways liquidation: A wake-up call for India’s insolvency code
Jet Airways’s liquidation comes even after a consortium successfully bid to revive the airline, as a…
Jet Airways’ winning bidder JKC tells Supreme Court lenders want to sell airline’s assets as scrap to maximise profits | Mint
The Jalan-Kalrock Consortium (JKC), the successful bidder for bankrupt Jet Airways, told the Supreme Court on…
Why are creditors going after bankruptcy professionals now?
Bankruptcy resolution professionals who shepherd broke companies to their new homes are increasingly under fire from…
RCap lenders move NCLAT for forfeiture of funds in escrow account | Mint
The Committee of Creditors (CoC) of Reliance Capital (RCap) on Thursday filed a fresh application before…
Supreme Court declines Byju’s plea to block formation of creditors’ committee | Mint
New Delhi: The Supreme Court on Tuesday declined a plea by Byju’s to prevent the resolution…
RBI tightens liquidity norms for mortgage lenders, puts them at par with NBFCs | Mint
Mumbai: The Reserve Bank of India (RBI) on Monday said housing finance companies (HFCs) will need…
Reliance Capital administrator seeks implementation of IIHL’s resolution plan
Reliance Capital’s administrator has filed a fresh interlocutory application with the National Company Law Tribunal, asking…
Hinduja Group’s IIHL faces contempt charges in Reliance Capital resolution case | Mint
Mumbai: The administrator of Reliance Capital, which is undergoing bankruptcy proceedings, filed an affidavit in the…
Hinduja’s IIHL says ready with ₹2,750 cr, seeks modification of order | Mint
Hinduja Group-owned IndusInd International Holdings Ltd (IIHL) on Tuesday said in an application that it is…