Allied Industries
The global rating agency has also downgraded senior secured debt rating to B2 from B1, and senior secured medium-term note (MTN) programme rating to (P) B2...
Earlier this year, the administrator of Dewan Housing Finance Corporation Limited (DHFL), appointed under the Insolvency and Bankruptcy Code (IBC), obtained assistance from Grant Thornton to...
NABARD is the second-largest lender to RCF with over Rs 1,100 Crore of secured loan exposure has given a clean chit to RCF and has removed...
It said growth in assets under management would be flattish for NBFCs as against its earlier estimate of 8-10 per cent y-o-y, and in lower single...
The regulator passed an interim order against the DHFL promoters during April 2006 to March 2019, noting that the violations are very grave in nature and...
Cement demand recovered quickly to 79 per cent of last year’s volumes in May and 93 per cent in June led by a strong rural demand...
Other assets include Reliance Nippon Life Insurance, which is a 51:49 joint venture with Nippon Life, and Reliance Capital’s 49 per cent stake in Reliance Asset Reconstruction Company. ...
The benchmark one-year MCLR, which is mainly factored in to decide most consumer loan rates, has been reduced to 8.20 per cent from 8.25 per cent....
The borrower has availed a loan from DHFL and has failed to pay pre-equated monthly instalments (PEMIs)/ Equated Monthly Instalments (EMIs) of their loans to DHFL,...
Accordingly, more than 65 per cent of domestic cement demand is driven by the housing segment. India’s cement consumption is expected to drop by more than...
