RMOL is the second ADAG company after Reliance Communications to be admitted under the IBC process.
Yes Bank shares have lost twothirds of their value in about five months.
Rating agency Crisil said that the growth in ARC assets has fallen to 7% in fiscal 2019.
Banking executives said though there are opportunities in some segments of the economy, the aim to make India a $5-trillion economy will need a lot more effort.
The 3-level plan includes conversion of debt to equity and issuance of NCDs.
This year, we may grow in the teens given the timing of the overall capital raise, says Gill.
The 10-year benchmark government bond yield has fallen to its lowest since September.
As much as 34% of the 1,292 cases in the bankruptcy courts up to June 2019 are delayed beyond 270 days.
Aditya Puri, who has led HDFC Bank since its inception 25 years ago, tops the earnings list.
The bank raised $275 million through an institutional placement Friday.
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