Atmadip Ray

NCLT to set up three more benches in Bhubaneswar, Jaipur and Kochi

There is just about one appellate tribunal and the government is said to have initiated process to set up for appallate benches to share the workload.

Village Financial Services to diversify into affordable housing and SME segments

The company is also planning to lend to individual borrowers with the joint liability group-based lending model starting to stifle down growth opportunities.

Microfinance sector looks to shake off demonetisation blues by March

Loan repayment took a severe hit in the cash-based microfinance sector after the government announced note-ban in November 2016.

Ujjivan Financial Services expects to be back in black

Ujjivan booked net losses for the first two quarters this fiscal with demonetisation and loan waivers in some states impacting the repayment culture.

Ess Kay Fincorp raises Rs 150 crore in equity and bonds

Head of currency printing company Anurag Agarwal shown the door

Agarwal had taken a contentious decision to halt production of coins last week. This was unceremoniously revoked within a couple of days after workers sought Arun Jaitley's intervention.

Government removes SPMCIL chief Anurag Agarwal

SPMCIL, which enjoys the Miniratna status, produces bank notes, coins, postage stamps, non-judicial stamps and other official documents.

Will India's fiscal deficit widen further in FY19, everybody keeps guessing

India's fiscal deficit may widen further to 3.5% of gross domestic product in FY19 after breaching the target this year.

India's mints resume production of coins

"We have started working. However, we are working only in one shift," said Bijan Dey, vice president of Calcutta Mint Employees Association.