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SEC charges RBC and two managers for involvement in flipping scheme

SEC charges RBC and two managers for involvement in flipping scheme
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Salami: With Debt Service-to-Revenue at 98%, Nigeria s Borrowing Unsustainable

Salami: With Debt Service-to-Revenue at 98%, Nigeria s Borrowing Unsustainable
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Cabinet clears proposal for government guarantee to bad bank

The Union Cabinet on Wednesday cleared a proposal to provide government guarantee to security receipts issued by the National Asset Reconstruction Company (NARCL) as part of resolution of bad loans, sources said.

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FM Sitharaman to address media at 5 pm; announcement on bad bank proposal likely

During this press conference, Sitharaman is likely to make announcements related to the bad bank proposal cleared by the Cabinet

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Government guarantee of Rs 30,600 crore to NARCL for acquiring stressed assets: FM

Government guarantee of Rs 30,600 crore to NARCL for acquiring stressed assets: FM
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