RBI extends guidelines issued to Mudhol Co-operative Bank by 3 months

RBI extends pointers issued to Mudhol Co-operative Financial institution by three months

In April 2019, the RBI had imposed sure restrictions on the Karnataka-based financial institution barring it from granting or renewing any loans and advances, accepting contemporary deposits, or making any investments, with out prior approval from the regulator in writing The Reserve Financial institution of India (RBI) on Tuesday prolonged the directives issued to the…

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Hong Kong grappling with future beneath nationwide safety legislation

Hong Kong’s chief Carrie Lam supplied scant reassurance Tuesday over a brand new nationwide safety legislation that critics say undermines liberties and authorized protections promised when China took management of the previous British colony. A yr in the past, Hong Kong residents felt safe sufficient of their freedoms beneath the territory’s “one-country, two-systems” regime to…

CG Power's current debt default stands at Rs 1,023 crore

CG Energy’s present debt default stands at Rs 1,023 crore

Axis Financial institution, Sure Financial institution, ICICI Financial institution, Barclays Financial institution, IndusInd Financial institution, Financial institution of India, Aditya Birla Finance are among the many lenders that issued the debt together with fund-based working capital, non fund-based working capital and time period loans to the corporate CG Energy and Industrial Options on Tuesday introduced…