Search result for 'contingent liabilities'

New India Assurance received a Rs 124.98 crore demand notice from the Income Tax Department for disallowing payments made to auto dealers. The company plans to appeal the order.

NCAER research highlights the need for collaboration between the central government, RBI and Finance Commission to enforce fiscal discipline in Indian states. The paper suggests debt relief for...

States' loan guarantees to entities have more than tripled in FY23, reaching Rs 9.4 lakh crore. The increase highlights potential risks to states' fiscal health and calls for robust monitoring and...

A Reserve Bank working group recommends state governments charge fees for guarantees on loans, set limits on guarantees, and classify projects by risk.

JSW Energy's subsidiary, JSW Energy (Barmer) Ltd, will provide a corporate guarantee for a Rs 954 crore loan to Barmer Lignite Mining Company, a joint venture with Rajasthan State Mines & Minerals...