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Ventura Textiles outcome of board meeting
May 17, 2013 at 12:30 | Source: Moneycontrol.com
JM Financial Asset Reconstruction Company (JMARC) has acquired the outstanding loans of the Company along with further interest / penal interest / liquidated damages etc., from SBI. At the request of the Company, JMARC has restructured the entire outstanding dues at Rs. 9.10 Crores subject to Company meeting all the terms of Restructuring.
HB Estate Developers: Updates on revised credit rating by ICRA
May 11, 2013 at 15:56 | Source: Moneycontrol.com
HB Estate Developers has informed that ICRA on May 10, 2013, has revised the rating outstanding for Rs. 150 Crore Term Loan program of the Company from [ICRA] BB to [ICRA] D. The Company is of the firm opinion that the revised rating is not fair and is taking up the matter with ICRA appropriately.
Have collateral to protect Bilcare's Rs 51.5cr loan: UBI
Apr 10, 2013 at 12:55 | Source: CNBC-TV18
After it slapped legal notice to their defaulter, Bilcare, Deepak Narang, executive director, United Bank of India says recovery is not an issue. Narang says the bank has fixed assets as collaterals against the defaulted loans and their value is more than the outstanding loans.
Jet may rally 20% post Etihad deal; no hopes for KFA: Angel
Feb 15, 2013 at 14:04 | Source: Moneycontrol.com
Kingfisher Airlines stock has zero value believes Sharan Lillaney of Angel Broking. This comes just a few days after the airline's creditor banks began recalling the outstanding loans.
Kingfisher has to ensure safe: Ajit
Feb 13, 2013 at 21:29 | Source: PTI
With Kingfisher lenders deciding to start the process of recovering Rs 7,500 crore outstanding loans from the grounded airline, the government today ruled out renewing its licence unless it ensures a safe and viable service.
Kingfisher Air down 5% as lenders talk recovery
Feb 13, 2013 at 10:44 | Source: Moneycontrol.com
Shares of Kingfisher Airlines plunged 5% to Rs 10.58 after its lenders said they will start the process of recovering Rs. 7,500 crore outstanding loans from the defunct carrier which has not yet come up with a concrete revival plan.

Videos »
Have collateral to protect Bilcare's Rs 51.5cr loan: UBI
Jet may rally 20% post Etihad deal; no hopes for KFA: Angel
Eye on inorganic growth; Barclays to create value: Kotak Bk
KFA's debt woes: Couple of banks classify its loans as NPA
No requests from any SEB for loan restructuring: UCO Bank
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Going Solo
Bijaei Jayaraj, 39, was well-placed in the corporate world, heading Jet Airways' customer loyalty rewards programme. Most people would have been content with a career like his. Not Jayaraj. This Indi...
May 15, 2013 at 09:01 | Source: Business Today
Parallels between Mallya, Capt Gopi: Tale of two entrepreneurs
By Cuckoo PaulIndia's biggest lender, the State Bank of India is in a unique position thismonth. It is pulling the plug on two amazing entrepreneurs. Both extremelypassionate businessmen launched star...
May 14, 2013 at 15:05 | Source: FirstPost
Small microfinance institutions expect turnaround on renewed investor interest
BANGALORE: Many small-and mid-size microfinance institutions are taking advantage of renewed interest by banks and risk capital investors in the sector to raise fresh capital. Samasta Microfinance is...
May 14, 2013 at 08:31 | Source: Economic Times
Kingfisher Airlines lenders going all out to recover dues: SBI
The State Bank of India today said it had recovered some of its outstanding loans from the flopped Kingfisher Airlines and is trying its best to recover the remainder. Pratip Chaudhuri, chairman of t...
May 06, 2013 at 23:27 | Source: DomainB
Stree Nidhi to disburse Rs 1,694 cr to SHG women
Hyderabad, April 28: Stree Nidhi Credit Cooperation Federation Ltd will be lending Rs 1,694 crore loans to the members of Self Help Groups (SHGs) in Andhra Pradesh in the current financial year. Stre...
Apr 29, 2013 at 00:51 | Source: The Hindu BusinessLine
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