Surge in personal guarantor cases under IBC in FY23

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Personal guarantors of loans taken by bankrupt companies are in the dock as lenders are increasingly invoking such guarantees under the Insolvency and Bankruptcy Code (IBC). In the first three quarters of the ongoing fiscal 2023, National Company Law Tribunals (NCLTs) have admitted 117 such cases against personal guarantors, compared with 28 in the entire … Read more

Know your FD interest rate: SBI, ICICI Bank, HDFC Bank, other top lenders pay these returns now; special rates for senior citizens | FD interest rates of SBI, ICICI Bank, HDFC Bank compared

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Fixed deposit (FD) interest rate SBI, ICICI Bank, HDFC Bank: You may be aware of the rapid increase in benchmark interest rates in the post-pandemic era, but do you know the exact return you are getting on your fixed deposit (FD)? SBI, HDFC Bank, ICICI Bank and some of the other biggest banks in the … Read more

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