Banking & Finance

Creditors have received 195% of the liquidation value of the companies which found resolution under the Insolvency and Bankruptcy Code (IBC), Dr M.S. Sahoo, chairperson, Insolvency and Bankruptcy Board of India (IBBI) said at in New Delhi on 4 May...

Inarguably, the Indian real estate vertical that in the direst need of funding is the residential sector. In a perfect world, the private equity that is now pouring into the country's realty sector would focus on where it is needed...

Swiggy, with about US$1.45 billion raised in 2018, has expanded to 60 Indian cities with a network of 55,000 restaurant partners and a fleet of over 120,000 delivery drivers.

As per the Statement on Developmental and Regulatory Policies of the Monetary Policy Statement dated 4 April 2019, the Reserve Bank of India (RBI) has extended the coverage of Ombudsman Scheme for Non-Banking Financial Companies (NBFCs), 2018 (the Scheme) to...

Merger and Acquisition (M&A) activity levels have been steady with domestic consolidations and continued activity in distressed M&A leading the way.

Resolution plans under the Insolvency and Bankruptcy Code (IBC) have yielded 200% of liquidation value for creditors in addition to rescuing viable firms, said Dr M S Sahoo, Chairperson of Insolvency and Bankruptcy Board of India (IBBI).

The Securities and Exchange Board of India (Sebi) has reduced the minimum subscription requirement as well as defined trading lots for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).

2019 will continue to see commercial real estate supply gain momentum on the back of vastly increased interest from PE players who are actively pumping in funds into this segment. As per ANAROCK data, the commercial segment saw a total...

S&P Global Ratings has assigned its 'BB+' long-term issue rating to the US dollar-denominated senior secured notes that Shriram Transport Finance Co Ltd (STFC: BB+/Stable/B) proposes to issue.

S&P Global Ratings believe the India-based Power Finance Corp Ltd’s (PFC) capitalization will improve over the next two years via internal sources, although delays to stressed asset resolutions could slow the process.