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    • Risky for banks if bonds replace SEB loans: Narang

      In an interview with CNBC-TV18, B D Narang, Former Chairman of Oriental Bank of Commerce said that the bonds are basically being used to restructure the loans granted to the SEBs or the successor subsidiaries.

    • Kingfisher's management rejig won't solve crisis: Experts

      Kingfisher is fast becoming India's version of too big to fail. The company hasn't been able to pay its staff, taxes and now can't pay for fuel. But it's not just Vijay Mallya's money that's going down. Banks have lent over nearly Rs 7,000 crore in loans and hold a chunk of the company shares.

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