Bank of England’s Prudential Regulation Authority (PRA) has proposed increasing the Financial Services Compensation Scheme ...

Huntington Bancshares' strong net interest margin, low NPL ratio, and solid funding profile project a 13.1% annual return.

The Supreme Court on Tuesday ruled that recoveries of money under the Insolvency and Bankruptcy Code (IBC) related to ...

The Supreme Court upheld Piramal Capital & Housing Finance's resolution plan for DHFL despite the NCLAT's partial opposition ...

The UK's Prudential Regulation Authority has proposed increasing the bank deposit protection limit from 85,000 pounds to 110,000 pounds. This move aims to provide greater security to savers in the ...

Kerala High Court held that invocation of the expired bank guarantees by Customs Department is not permissible under the law. Thus, writ petition is allowed. Facts- The appellant/writ petitioner was ...

Adani Group has expressed interest in acquiring Jaiprakash Associates Ltd (JAL) through insolvency proceedings. JAL, a ...

The Supreme Court ruled that funds from fraudulent transactions at DHFL will go to Piramal Capital. The court dismissed ...

Before things turned sour between them, the former Minister of Finance, Ken Ofori-Atta, and the founder of the now-defunct UT ...

Business conglomerate Adani Group has shown interest in acquiring Jaiprakash Associates Ltd (JAL) through an insolvency ...

NCLAT Delhi held that when the plan is not implemented by Successful Resolution Applicant (SRA), Performance Bank Guarantee can be statutorily invoked. Thus, dismissal of appeal by SRA justified.