financial institutions

The Delhi High Court today held that that Banks/Financial Institutions can initiate and continue the proceedings against the guarantor for recovering their dues under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 .

New Delhi (ILNS): The Supreme Court will hear a public interest litigation filed by the 'Federation of Self-Financing Technical Institutions (All-India)', seeking extension of the moratorium to all the loan accounts of all technical Institutions across India, without discrimination or classification.

The central bank’s attem...

The Supreme Court today has directed Banks and financial institutions to restructure the loans given to Amrapali homebuyers and release the rest of the amount which has not been released so far. The amount so released would be used to complete the construction.