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YES Bank postpones decision on Braich's $1.2 billion offer

The bank continues to evaluate other potential investors to raise capital up to $2 billion.

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Dec 10, 2019, 07.28 PM IST

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NCLT admits Bank of India's insolvency process against RNA Corp

The public sector lender had granted a loan of Rs 75 crore to RNA Corp in October 2013 and the builder defaulted on repayment of this loan in December 2014, since then the account has been classified as a non-performing asset. The bank has claimed total dues worth Rs 80.73 crore including the principal loan, interest, penal interest and legal expenses.

NCLT orders liquidation for Lanco Babandh

The bankruptcy court removed the resolution professional for the Lanco group company, and appointed...

Govt taking all steps to strengthen NCLT, NCLAT

The government has recently appointed 28 more members in NCLT and 4 more members in NCLAT, sa...

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