Tag: State Bank of India
SAM advises creditors in Educomp’s corporate insolvency resolution
Shardul Amarchand Mangaldas advised the committee of creditors, including Axis Bank, State Bank of India and others, in the corporate insolvency resolution process of Educomp Infrastructure and School Management
RBI told to report daily on foreign remittances
The Ministry of Home Affairs has mandated the State Bank of India (SBI) to report daily reporting on all details of overseas donors, including the purpose of remittances
Cyril Amarchand Mangaldas advise on INR20.79bn port financing
CAM were the principal advisers on a INR20.79 billion financing facility from a State Bank of India-led (SBI) consortium of lenders to fund a Ramayapatnam Port Development Corporation (RPDC) project
JSA acts for SBI in stalled Dunar Foods insolvency proceedings
The National Company Law Appellate Tribunal (NCLAT) upheld an NCLT decision setting a precedent and paving the way for progress on the resolution of the Dunar Foods insolvency proceedings
Saraf & Partners relocates Mumbai office to mark first anniversary
Saraf & Partners has opened a new 18,000 square foot office at One International Centre in Prabhadevi, one of the busiest and most prominent commercial hubs in Mumbai to accommodate its growing workforce
Dhir & Dhir advises new lenders in Suzlon’s USD513.5m loan
The Rural Electrification Corporation (REC) and the Indian Renewable Energy Development Agency (IREDA) became the new lenders in the refinancing of wind turbine
CCI’s hands tied in debt trustee dispute
India’s antitrust probe into the alleged collusion over fees charged by debt trustees of the State Bank of India, Axis Bank and IDBI Bank took a back seat following an intervention by the Bombay High Court after the banks challenged the jurisdiction of the Competition Commission of India (CCI) in April this year