New Delhi, April 9 The National Company Law Appellate Tribunal has rejected a joint petition filed by five banks – Indian Bank, UCO Bank, Bank of Baroda, ICICI Bank, and Union Bank of India – challenging the distribution of funds to dissenting financial creditors SBI and Punjab National Bank.A...
bank of baroda
corporate insolvency resolution process
financial creditors
icici bankindianbank
insolvency resolution process
monitoring committee
national company law appellate tribunal
nclt
ocli iron and steel
puneb national bank
resolution plan
section 30(2)(b)
state bank of india
uco bank
union bank of india
Mumbai, March 23 The state-run Indian Bank announced on Monday that it had raised ₹5,000 crore through a 10-year long-term infrastructure bond issue at a coupon rate of 7.15 per cent.The lender received two bids for a total amount of ₹3,100 crore at a 7.13 per cent coupon, two bids each for a...
Chennai, March 17 – In a significant breakthrough in a long-standing bank fraud case, the Central Bureau of Investigation (CBI) has arrested an absconding accused who had been evading authorities for years by living under a false identity in Chennai.The accused, identified as M. Naga Kumar...