Loan

Kingfisher Airlines has not defaulted on any loan and all its accounts with banks are standard, Chairman Vijay Mallya said on Tuesday.

Earlier in the day, Kingfisher reported a doubling

Sistema Shyam TeleServices Ltd (SSTL), which offers telecom services under the MTS brand name, today received a loan totalling $200 million (nearly Rs 1,000 crore) from two banks, which will

State-run NTPC today said it has tied up a syndicated loan worth Rs 2,341 crore from a consortium of Indian banks for its 390-MW Muzaffarpur thermal power project in Bihar.

Cautioning that the economy is passing through turbulent times, finance minister Pranab Mukherjee today asked banks to maintain a strict vigil on the quality of their loan portfolio.

"The commitment

India has approved a $750 million loan for Bangladesh to develop trade infrastructure ahead of a visit to Dhaka by Prime Minister Manmohan Singh this week, a senior Bangladesh official

Multi-lateral lender Asian Development Bank (ADB) has approved $500 million loan to help India improve rail services along some of the country's busiest freight and passenger routes.

"ADB is extending