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| Loan rangers free to seize assets |
| Apex court ruling to help restart stalled recovery process under relaxed guidelines |
| The Supreme Court today upheld the constitutional validity of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act but set guidelines for recovery of debt by banks and other financial institutions (FIs) ... |
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| Banks hail verdict |
| Bankers were gung-ho but industry was a little worried by the Supreme Court’s verdict which paved the way for the resumption ... |
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| Loan rangers free to seize assets |
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|  |  | | 5838.45 | | +23.32 | | |
| | | | BSE-100 | 3105.05 | (+13.39) | | S&P CNX Nifty | 1853.55 | (+4.85) |
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| | | Name | BSE | NSE | | HLL | 148.55
(+1.75) | 148.02
(+1.02) | | ITC | 1090.09
(-0.15) | 1090.00
(-2.03) | | Infosys | 5312.07
(-13.65) | 5312.01
(-13.02) | | Reliance | 573.05
(-0.65) | 572.95
(-1.05) | | Wipro | 1464.08
(+48.00) | 1463.09
(+46.07) | | Zee | 139.00
(-1.07) | 139.15
(-1.55) |
| | Foreign Exchange | | US $1 : Rs 43.64 | UK £1 : Rs 80.17 | | Euro : Rs 52.99 | Yen 100 : Rs 41.21 | | HK $1 : Rs 5.55 | SW Fr1 : Rs 33.07 | | Sing $1 : Rs 25.65 | Aus $1 : Rs 33.00 |
| | Bullion | | Bombay | | Gold Std (10gm) | Rs. 6090 | | Gold 22 Carat | Rs. 6050 | | Silver bar (1kg) | Rs. 12015 | | Silver Portion | NA | | Calcutta | | Gold Std (10gm) | Rs. 6185 | | Gold 22 Carat | Rs. 5840 | | Silver bar (1kg) | Rs. 12100 | | Silver Portion | Rs. 12200 |
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