Nitin Kasliwal

Weighed down by stressed loans of nearly USD 150 billion - equivalent to more than 10 percent of bank assets in the country - and against a backdrop of the slowest economic growth in a decade, Indian banks are bringing an unprecedented intensity to their recovery efforts.

PSU banks make defaulters' names public to recover dues

CNBC-TV18‘s Gopika Gopakumar reports that PSU banks have begun to use publicity to recover dues from big borrowers.

Reid & Taylor IPO expected post September: S Kumars

In an exclusive interview to CNBC-TV18, Nitin Kasliwal, chairman of S Kumars said that IPO for Reid & Taylor will come out soon.

Pledged shares to be released in few months: S Kumars

S Kumars Nationwide (SKNL), has reiterated that neither its lenders, promoters or long-term investors have sold its shares in recent days. It is also hopeful that the shares pledged with banks will be released in the next few months.

Reid and Taylor IPO to hit market by June '11: S Kumars

S Kumars (SKNL) expects a topline of Rs 6,700-7,000 crore in FY12 on easing raw material prices. Speaking about the Reid and Taylor IPO, S Kumars' chairman Nitin Kasliwal said it can hit the market by June 2011.

Expect to end yr with Rs 5,800cr in rev: S Kumars

S Kumars Nationwide has declared its third quarter consolidated results. Its Q3 revenue was up 11.8% at Rs 1342.8 crore versus Rs 1200.9 crore, YoY. The company's PAT was up 18.2 % at Rs 95.5 crore versus Rs. 80.8 crore, YoY.