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Saturday, September 29, 2018

Debt-Ridden IL&FS Banks On Successful Rights Issue To Repay Creditors

Revealing a three-part strategy, debt-hit Infrastructure Leasing & Finance Services (IL&FS) said on Saturday that it needs to have a successful rights issue to recapitalise itself. In August,...

from NDTV News - Special https://ift.tt/2zEdhXW

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'Extra payout' to Maharashtra PSU: HDFC board slaps Rs 1 lakh fines on MD, CFO

HDFC Bank's board penalized top executives over deposit arrangements with MSRDC. The internal review found business overreach but no per...