 "Anil Ambani's Reliance Naval risks insolvency as banks say no to debt plan")
NCLT agrees to hear SBI's bankruptcy case against Anil Ambani
A quasi court has agreed to hear a petition by the nation’s largest lender seeking to initiate personal bankruptcy against tycoon Anil Ambani after the former billionaire failed to repay debt. Read on...
Indian PSBs face fresh capital shortages as coronavirus bites: Moody's
Public sector banks will need external capital of up to Rs 2.1 trillion over the next two years and the most likely source to plug this shortfall will be government support, Moody's Investors Service said on Friday. According to Moody's, the sharp slowdown in India's economic
