stressed assets
Infrastructure
Are power sector lenders seeing light at the end of the stressed assets tunnel?
Until six months ago, the power sector was struggling to find buyers for stressed assets. Now, it is limping ahead ......
Infrastructure
Varde Partners-backed Aditya Birla ARC inks first stressed assets deal
Aditya Birla ARC Ltd has agreed to acquire part of the debt that RattanIndia Power Ltd owes its lenders for ......
Finance
Bank of India expects $360 mn from bankruptcy resolution in March quarter
Central government-owned Bank of India expects to recover around Rs 2,600 crore ($365.6 million) in the quarter ending March 2019 ......
Finance
KKR to beef up infra, stressed assets teams in India
Global alternative assets manager KKR & Co. is beefing up its infrastructure and stressed assets teams in India as it ......
Finance
Running out of patience, more banks are putting bad loans on the block
Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the country’s ......
Finance
KKR's Sanjay Nayar on outlook for 2019 and why it is betting big on credit biz
In November 2008, KKR & Co. hired Sanjay Nayar to set up and head its India operations, which formally began ......
Manufacturing
Adhunik Metaliks' lenders seek new buyer as Maharashtra Seamless renews interest
Lenders to bankrupt steelmaker Adhunik Metaliks have requested an additional 12 weeks from the National Company Law Tribunal (NCLT) to ......
Finance
SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms
The Supreme Court on Friday upheld the two-year-old Insolvency and Bankruptcy Code (IBC) in its entirety, thereby continuing to bar ......
Finance
SBI puts its entire loan exposure to debt-laden Essar Steel on the block
State Bank of India (SBI) has put its entire loan exposure to debt-laden Essar Steel Ltd worth Rs 15,431 crore ......
Finance
Why KKR's 2019 macro outlook matters for India
The upcoming general election in India is among the geopolitical developments that could create “significant handwringing” in the investment community ......