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Oriental Bank of Commerce plans to sell stake in life insurance JV

Finance

28 November, 2018

Oriental Bank of Commerce plans to sell stake in life insurance JV

State-run Oriental Bank of Commerce plans to divest its stake in its life insurance joint venture as part of efforts ......

HDFC Bank to acquire Bank of Baroda's stake in Clearing Corporation

Finance

20 November, 2018

HDFC Bank to acquire Bank of Baroda's stake in Clearing Corporation

HDFC Bank, India’s most valued lender, has agreed to buy state-run Bank of Baroda’s stake in Clearing Corporation of India ......

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In numbers: Which NBFCs have the biggest bad-loan problem?

Finance

20 November, 2018

In numbers: Which NBFCs have the biggest bad-loan problem?

The recent downfall of Infrastructure Leasing and Financial Services Ltd (IL&FS), one of India’s largest non-banking financial companies (NBFCs) which ......

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India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta

Finance

03 September, 2018

India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta

In early July, a panel led by Sunil Mehta, non-executive chairman at Punjab National Bank, proposed a five-pronged Project Sashakt ......

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Project Sashakt panel engages with PE funds for AIF as investors seek clarity

Finance

30 August, 2018

Project Sashakt panel engages with PE funds for AIF as investors seek clarity

A committee of bankers tasked with implementing Project Sashakt to ease the pile of bad loans on banks’ balance sheets ......

Promoters now see debt repayment as an obligation, not option: AZB's Ramanathan

Finance

28 August, 2018

Promoters now see debt repayment as an obligation, not option: AZB's Ramanathan

The country’s bankruptcy law has brought about a positive change in attitude among promoters and banks with regard to proactively ......

In Charts: How top NBFCs outpaced biggest banks by asset and profit growth

Finance

01 August, 2018

In Charts: How top NBFCs outpaced biggest banks by asset and profit growth

Last week, VCCircle analysed how India’s 11,500-odd non-banking finance companies have, in the past few years, capitalised on the Rs ......

Over 20 Indian banks sign pact for faster bad-loan resolution

Finance

23 July, 2018

Over 20 Indian banks sign pact for faster bad-loan resolution

More than 20 Indian lenders on Monday signed a pact aimed at faster resolution of bad loans, officials said, while ......

Govt panel bats for AMC, alternative investment fund to tackle bad loans

Finance

03 July, 2018

Govt panel bats for AMC, alternative investment fund to tackle bad loans

An Indian government panel has suggested creating an asset management company (AMC) to resolve bad loans above 5 billion rupees ......

In Charts: How Kotak Mahindra Bank has flourished under Uday Kotak

People

25 June, 2018

In Charts: How Kotak Mahindra Bank has flourished under Uday Kotak

One person’s problem is another person’s opportunity - or at least that’s how the saying goes. So when Axis Bank ......