Tag: Banks

Source:-https://www.moneycontrol.com The Supreme Court (SC) on January 4 directed the Indian Bank Association (IBA) and representatives of other banks to meet the court-appointed receiver in the Amrapali case to ensure that funding can be raised for unfinished projects in Noida and Greater Noida. The court’s direction came after the receiver R Venkatramani informed that he

Source:-https://www.hindustantimes.com A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the recovery of debt from loans paid out to his now-defunct Kingfisher Airlines. At a virtual hearing before Chief Insolvencies and

Source – cointelegraph.com India’s central bank, the Reserve Bank of India (RBI), has urged the country’s Supreme Court to regulate cryptocurrencies, local news outlet the Financial Express reports July 21. In April of this year, the RBI announced it will stop providing services to businesses or persons dealing with cryptocurrencies, citing high risks. The RBI’s senior advocate Shyam Divan told a bench led