bad loans
Finance
Yes Bank gives nod for sale of NPA portfolio to JC Flowers
Private lender Yes Bank's board has approved the transfer of stressed assets worth ₹48,000 crore to private equity firm JC ......
Finance
The bad news about the market for bad loans
In 2017, when the Insolvency and Bankruptcy Code (IBC) was passed, he was among many investors who saw a golden ......
Consumer
Future Group's lenders reject Reliance offer over valuation
A clutch of lenders accounting for most of the loans to debt-laden Future Group on Thursday rejected a proposal to ......
Economy
Indian banks may face headwinds from Russia-Ukraine crisis: S&P
Indian banks may face some headwinds from the Russia-Ukraine crisis, which could lead to higher inflation and some stress for ......
Finance
Bad bank starts operations, banks to transfer $6.6 bn NPAs by March
National Asset Reconstruction Company Ltd (NARCL), a government created entity to tackle bad loan problem in India, is set to ......
Finance
State-owned banks identify $12 bn NPAs to be transferred to bad bank
Public sector banks have identified a total of 22 large bad loan accounts worth Rs 89,000 crore (approximately $12.2 billion) ......
Finance
RBI expands borrowers limit to Rs 50 crores
The Reserve Bank of India (RBI) on Friday expanded the borrowing limit to Rs 50 crores for small businesses that ......
Finance
Covid dents Edelweiss ARC's debt purchase by at least 40%
Financial services major Edelweiss group’s asset reconstruction company is expected to see a dip in debt purchase and recoveries this ......
Finance
Budget 2021: Govt to set up ‘bad bank' to manage rising NPAs
India will soon set up the long discussed ‘bad bank’ or an asset reconstruction company (ARC) to address rising non-performing ......
TMT
Snapdeal founders, others invest in bad loans recovery-focussed Credgenics
Analog Legalhub Tech Solutions Pvt Ltd, which operates bad loans recovery-focussed platform Credgenics, has raised Rs 24.8 crore ($3.3 million) ......
