Tag: banking news

Subhash Chandra said he had only provided personal guarantees for loans taken by companies associated with the Essel Group, not personally borrowing money. (HT Photo)
Posted in Business

Subhash Chandra case: Why banks lose money in personal guarantor claims

The insolvency court’s approval of Zee Group founder and chairman emeritus Subhash Chandra’s ₹6.5 crore repayment plan has raised questions about how much banks can…

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IndusInd reported its largest-ever quarterly loss in the three months ended March 31. (Mint)
Posted in Business

HDFC Bank gets RBI approval to acquire up to 9.5% stake in IndusInd Bank| Business News

The Reserve Bank of India has allowed HDFC Bank Ltd. to acquire up to 9.50% stake in IndusInd Bank Ltd., in the aftermath of a…

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