Promoter ML Mittal has told State Bank of India, Exim Bank, Union Bank of India and Bank of Baroda that the company will buy out the lenders’ CCPS ahead of the deadline.
Indian Finance Minister Nirmala Sitharaman raised concerns about insurance mis-selling, emphasizing its contribution to higher borrowing costs for customers. She urged banks to focus on
The Indian government has updated its guidelines for Central Public Sector Enterprises (CPSEs) capital restructuring. The revisions include new minimum dividend payout ratios and criteria
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