non-performing assets
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 ......
Finance
Yes Bank to pay Rs 350 crore for JC Flowers ARC deal
Yes Bank to invest about Rs 350 crore for a 20% stake in JC Flowers Asset Reconstruction Pvt Ltd, Prashant ......
Finance
Post-pandemic hope drives half-dozen NBFCs to public markets
Hope of a post-pandemic rebound is driving a flock of non-banking financial companies to the public markets, with at least ......
Markets
Sensex, Nifty tumble as report warns of banking stress; HDFC slides
A rally in Indian shares lost steam on Tuesday as banking stocks slid after a report warned of stress among ......
Finance
Police probe management of Punjab and Maharashtra Co-operative Bank
Indian officials registered a police complaint against the senior management of Punjab and Maharashtra Co-operative Bank (PMC) on Monday for ......
Finance
How India's most vulnerable companies can worsen the debt woes
India Inc.’s battle with high debt levels could potentially get tougher in coming years as companies that owe almost Rs ......
Finance
Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?
As finance minister Nirmala Sitharaman gives final touches to her first budget speech later this week, she’d be doing so ......
Finance
PNB hikes bad-loan recovery target by over 50% for FY20
State-owned Punjab National Bank (PNB) has increased its bad-loan recovery target to Rs 25,000 crore for the current financial year. ......
Economy
After SC order, RBI to issue fresh circular on bad debt resolution
The Reserve Bank of India (RBI) said on Thursday it would issue a revised circular on the resolution of stressed ......
