bad loans
Infrastructure
Lenders take control of cash-strapped engineering firm Aster
A group of lenders to Aster Pvt. Ltd has taken control of the Hyderabad-based engineering services provider after the company, ......
Finance
Will the new ordinance help banks clean up the bad-loan mess?
When a new government takes office, it usually inherits a sizeable baggage from the previous regime. Three years ago, when ......
Finance
NBFCs march ahead in India as banks grapple with bad loans
Indian banks' struggles with bad loans over the past three years have opened an opportunity to ramp up lending for ......
Finance
KKR's Henry Kravis high on India opportunity
Henry Kravis, who had co-founded Kohlberg Kravis Roberts & Co (KKR & Co) in 1976 and is the co-chairman and ......
Finance
Kotak Mahindra Bank to raise $825 mn for M&As, biz expansion
Kotak Mahindra Bank, India’s fourth-largest private-sector lender, plans to sell shares worth as much as $825 million (Rs 5,350 crore) ......
General
India needs to create 'bad bank' quickly, says finance ministry aide Subramanian
India's finance ministry on Wednesday backed a call by the Reserve Bank of India to set up an institution similar ......
General
IDBI Bank to sell non-core assets
IDBI Bank Ltd plans to sell some non-core investments, as the state-run lender grapples with bad loans and mounting losses.The ......
General
How big is Indian banks' bad loans problem?
On 10 October Reuters reported that bad debt on the books of India’s banks had swelled to Rs 9.22 trillion ......
General
A quick look at Raghuram Rajan's performance as RBI chief
Raghuram Rajan, India’s outspoken central bank governor, will quit office on Saturday to make way for his deputy, the reticent ......
General
Banks' bad loans could balloon to 9.3% of advances by March 2017: RBI
Around a tenth of gross advances made by Indian banks could turn into bad loans by the end of this ......
