Ifci
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All Stories for Ifci
Non-banking finance companies' mess: Cash-strapped firms haven't seen the worst of liquidity crisis yet
Srikanth •In 2017-18, non-banking finance companies (NBFCs) were the largest net borrowers from the financial system
The Great Indian NPA Mess: Bad loans can snowball into banking crisis; Jaitley's solution has political overtones
Srikanth •NPAs on the other hand, have been growing. The problem was that banks did not have the capacity to assess infrastructure projects which were much bigger now.
ICICI Bank files insolvency plea against Jaiprakash Associates in NCLT; matter to be heard on 17 September
•If NCLT allows the plea of the ICICI bank, then this will be the second company of the crisis hit Jaypee group facing insolvency.
SBI, UCO Bank look for buyers to sell Rs 1,245 cr NPAs; e-bidding to take place on 23 March
•UCO Bank, based out of Kolkata, said it has identified about 13 NPA accounts with outstanding balance of Rs 457.98 crore
IFCI to offload its entire 13.67% stake in ACRE to Axis Bank
•IFCI to sell its entire stake in ACRE to Axis Bank for Rs 22.72 crore
N S Vishwanathan to replace H R Khan as new RBI deputy governor
•Vishwanathan has been an Executive Director at Reserve Bank of India since April 2014
IFCI raises Rs 790 cr in second tranche of NCD issue
Fp Archives •Cabinet stamp to make IFCI a public entity, to infuse Rs 60 cr
Fp Archives •IFCI to raise Rs 790 cr via debentures to fund business growth
Fp Archives •Will IFCI be better off as a PSU? Its boss doesn't think so
Fp Archives •IFCI's CEO is resisting the government's efforts to make the company a full-fledged public sector unit again.