Latest News on Ilfs Crisis
Showing of 0 - 10 from 42 results
Ilfs Crisis - Total results - 42
Dec 14, 2018
Cash-strapped IL&FS group selling luxury cars, office furniture to raise fundsDebt-laden IL&FS group firms are selling high-end cars, office furniture, electrical appliances and other assets in a bid to raise funds.
Dec 12, 2018
RBI to infuse Rs 10,000-cr liquidity into system through open market operations on ThursdayRBI resorts to purchase of bonds to infuse liquidity in the system while sucks it out by selling the instruments.
Dec 05, 2018
No need for RBI to help crisis-hit NBFCs as lender of last resort, says central bank deputy governor Viral AcharyaRBI is guided by the principle of addressing system-wide liquidity requirements, Viral Acharya said, enlisting the measures undertaken since problems started with the non-banking finance companies (NBFCs).
Dec 04, 2018
IL&FS crisis: Group-level resolution for Rs 91,000 cr debt unlikely, Uday Kotak-led board tells NCLT"Based on an outreach conducted by the FTA, the initial assessment seems to indicate that currently, the group-level resolution option is unlikely to materialise," the IL&FS board said in its second report on progress and way forward submitted to the NCLT.
Nov 29, 2018
Arvind Subramanian says RBI's regulatory failure created IL&FS mess, calls upon central bank to step up ability of supervisionArvind Subramanian calls upon RBI to step up its abilities in two key areas of supervision and part with its mammoth reserves to recapitalise the ailing state-run lenders in a decisive manner
Nov 27, 2018
Parliamentary panel to take stock of debt-ridden IL&FS Group for three days from 3 DecemberThe Parliamentary Standing Committee on Finance will take stock of the developments at crisis-hit IL&FS Group for three days from 3 December
Nov 26, 2018
IL&FS crisis: Cash-strapped company claims over dozen responses for stake sale in two arms"More than a dozen expressions of interest (EOIs) towards acquiring IL&FS's stake in ISSL and ISTSL have been received, which the board is scrutinising for eligibility," the company said
Nov 13, 2018
Crisis-ridden IL&FS starts process to monetise assets; to sell stake in financial services assetsIL&FS Group''s total debt stood at Rs 94,215.6 crore as on 8 October 2018.
Nov 08, 2018
Top 50 NBFCs need Rs 70,000-cr in November to redeem commercial papers: Crisil reportCommercial paper or CPs are short-term debt with one to three months maturity.
Nov 05, 2018
Rupee may touch 76 levels against dollar in next 3 months with global crude prices remaining elevated: UBSRupee has already crossed the 74 mark owing to the continued strengthening of the dollar, lack of foreign flows and higher crude oil prices.