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Finance
Top executive quits Ares SSG-backed asset reconstruction firm
The chief executive and managing director of an asset reconstruction firm, backed by alternative asset manager Ares SSG (previously...
General
Farmers turn to moneylenders as banks shun risk amid pandemic
Last month, Dnyaneshwar Siddhanth, a farmer from India’s western state of Maharashtra, was in desperate need of money to...
Finance
RBI's debt revamp proposal to prolong banks' asset quality uncertainty: Fitch
A one-time debt restructuring allowed by the Reserve Bank of India (RBI) to help lenders and borrowers amid the COVID-19 ......
Finance
RBI allows banks to restructure loans to tide over virus-induced stress
The Reserve Bank of India has allowed banks to restructure loans without classifying them as bad debts and pushing the ......
Finance
In Charts: How the woes of India's banking sector and economy may worsen
Last week, the Reserve Bank of India unveiled the results of the latest “stress test” that it conducts periodically...
Finance
Banks' bad debt to jump amid COVID-19 pandemic: RBI report
The impact of the COVID-19 pandemic is likely to push up the gross non-performing assets in the Indian banking system ......
Finance
Banks scramble to beef up defences as coronavirus threatens to sour loan books
Banks across the nation are raising or proposing to raise at least Rs 1.4 trillion ($19 billion) as the industry ......
Finance
Asset quality of housing lenders likely to worsen, warns ICRA
Indian housing finance companies (HFCs) are likely to face worsening of asset quality this year, with about 30% of their ......
Finance
In Charts: How Asian companies are at higher risk of default this year
Asian companies are at a higher risk of default in the coming quarters than last year, a Reuters analysis of ......
General
Why one-year suspension of bankruptcy law has put bankers, investors in tough spot
Creditors, investors and even companies involved in distressed asset resolution will suffer a major setback as the government...
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