Foreign Lenders News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mumbai: In yet another setback for Byju’s, its foreign lenders have filed a petition to initiate corporate insolvency resolution proceedings against t.

While local banks grapple with challenges and declining profits, their foreign-invested counterparts are registering stellar performances in Vietnam.

The government’s current priority is to address key concerns around the operation of the bankruptcy code

Foreign banks pay significantly higher taxes than domestic lenders as corporate tax rate cuts in the past years did not apply to them

Taiwan penalized Deutsche Bank AG and three other foreign lenders after a probe into speculation on the surging local currency last year involving grain companies. Deutsche Bank’s trading approvals for Taiwan dollar deliverable forwards and non-deliverable forwards will be revoked, and it will be banned from engaging in transactions of foreign exchange derivatives for two years, the island’s central bank said in a statement Sunday. ING Groep NV and Australia & New Zealand Banking Group Ltd. won’t be allowed to engage in Taiwan dollar deliverable forwards and non-deliverable forwards tra...