Gopika Gopakumar
Stories by Gopika Gopakumar
India: Indiabulls Housing says Yes Bank owes it $94.5m
In a stock exchange filing, Indiabulls said it had made the investments in 2017 as part of its treasury management.
India: SBI to immediately invest $350m to buy 49% stake in Yes Bank
SBI investment in Yes Bank can cross ₹10,000 crore depending on due diligence and final valuation.
India: SBI approves Suzlon’s debt revamp proposal
The stressed wind power company now awaits the green light from other lenders.
India: Far East Development Fund evinces interest to bid for Jet Airways
Russian govt fund’s interest comes on day airline’s lenders extend deadline for bids.
India: Dewan Housing Finance receives interest from at least 15 bidders
KKR India Financial Services Ltd, Welspun Group and Adani Group are among suitors who have expressed interest.
India: Creditors to Videocon Group likely to appeal against insolvency tribunal’s order
Lenders’ consortium believes that Videocon’s foreign assets should not be linked with others and should be sold or sustained till their value is r
Paytm not interested in buying stake in Yes Bank: Vijay Shekhar Sharma
Founder says he aims to convert the payments bank into a small finance bank after it completes five years.
South America’s Synergy Group submits new bid for Jet Airways
Lenders to Jet Airways have set a final deadline of 15 January for the submission of expressions of interest.
India: Shivalik Mercantile gets RBI’s in-principle approval for small finance bank
The bank will get 18 months to comply with the requirements.
India’s RBI governor says to steadily tighten NBFC regulations
Non-banks are yet to completely absorb the systemic shock following defaults by IL&FS in September 2018.
