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ET Markets - Stocks 15d ago
Adani Ports emerges top contender for Karanja Terminal takeover
Adani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port operator has offered full repayment to financial creditors for their outstanding dues. This development follows Prudent ARC's acquisition of nearly all of Karanja's debt, signaling a significant shift in the company's future.
ADANIENTADANIPORTSALLETECBRACEPORTFELFELDVRJMFINANCILPRUDENTSJLOGISTICConsumer ServicesFinancial Services
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ET Markets - Industry 121d ago
Banks urged to devise low-interest loans for retail, MSME clients
Banks will discuss internally how such schemes can be designed with a uniform loan application and other credit appraisal metrics. The retail loans will cover all consumer loans, including housing loans, subject to prudent lending guidelines, said an official.
ALLETECCONSUMERPRUDENTRETAILSDREAMSV2RETAILConsumer ServicesFinancial Services