Credit-deposit ratio in Bengal rises by one percent

Last Updated: Saturday, June 27, 2015, 21:20

P. Srinivas, United Bank of India managing director and CEO and SLBC chairman in Bengal, said the agricultural disbursement under the Annual Credit Plan during 2014-15 stood at Rs.23,327 crore, which was an increase of 12.9 percent over last year.

ABG Shipyard in talks with Privinvest for strategic stake sale

Last Updated: Friday, June 12, 2015, 15:55

The company did not offer any clarity on the equity percentage to be sold, but Privinvest is expected to buy up to 49 percent through fresh equity worth Rs 1,000 crore.

No RTI on restructuring of corporate debt: CDR cell of RBI

Last Updated: Wednesday, December 24, 2014, 18:25

Corporate Debt Restructuring cell of Reserve Bank of India, which has eased loan repayment worth Rs 3.7 lakh crore for top-end businessmen of the country, has refused to reply to an RTI query about its operations saying transparency law does not apply on it.

IVRCL allots first tranche of shares to CDR lenders

Last Updated: Friday, December 5, 2014, 16:00

The Corporate Debt Restructuring Empowered Group (CDR EG), at its meeting held on June 28, 2014, approved the CDR proposal submitted by the company.

CDR referrals touch record Rs 1.09 trillion till December

Last Updated: Thursday, January 9, 2014, 21:05

Banks referred a record Rs 1.09 trillion worth of stressed assets to the corporate debt restructuring (CDR) cell between April and December, exceeding the level of Rs 91,400 crore for all of the previous financial year, an official said today.

Jaitley CDR case: Court denies bail to five accused

Last Updated: Thursday, November 21, 2013, 14:00

Five persons, including four Delhi police personnel, arrested for allegedly obtaining call detail records of BJP leader Arun Jaitley and others have been denied bail by a court here which said the allegations against them were "very serious in nature".

Bankers defer Rs 7,000-cr CDR plan of Electrosteel

Last Updated: Sunday, July 28, 2013, 18:20

The consortium of 27 banks has deferred plans to recast Rs 7,000-crore loan extended to the troubled Electrosteel Steels due to differences over terms of the proposal, including fresh capital infusion and corporate guarantee that promoters are supposed to bring to the table.

Court grants bail to two in Jaitley CDR case

Last Updated: Friday, May 31, 2013, 20:26

A court here Friday granted bail to a Delhi Police constable and a private detective, arrested for allegedly buying a SIM card on fake proofs to procure the call detail records of BJP leader Arun Jaitley and others.

Suzlon implements $1.8 billion debt recast plan

Last Updated: Tuesday, April 23, 2013, 20:56

The completion of the Corporate Debt Restructuring (CDR) package would pave the way for Suzlon to normalise "business operations" and improve overall performance.

Shareholders okay Suzlon's $1.8 bn CDR package

Last Updated: Friday, April 12, 2013, 19:23

Clearing the decks for its debt recast, wind turbine major Suzlon Energy on Friday said the company's shareholders have approved the USD 1.8 billion corporate debt restructuring package.

Essar Oil completes exit from CDR

Last Updated: Thursday, April 4, 2013, 21:03

India's second-largest private sector refiner said the CDR loan facility has been replaced with a new debt facility of about Rs 9,100 crore on commercial terms from similar group of lenders.