bad loans
Finance
Banks weigh Sashakt panel-proposed fund to turn around stressed assets
Indian banks have revived discussions on setting up an asset management company and an alternative investment fund of around Rs ......
Finance
How banks' credit growth slumped across sectors in the wake of coronavirus
In the last week of April, one month into the national lockdown, commercial banks parked more than Rs 7 trillion ......
Finance
Indian banks' bad debt could double in coronavirus crisis
India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, ......
Finance
Axis Bank reports surprise $183 mn loss on COVID-19 provisions
Axis Bank Ltd, India’s third biggest private-sector lender, on Tuesday reported a surprise 13.88 billion rupee ($182.96 million) loss for ......
Finance
Arcil halts bad-loan purchases, focuses on recovery amid coronavirus lockdown
Asset Reconstruction Company (India) Ltd, or Arcil, has decided not to acquire any soured debt during the current quarter and ......
Finance
Govt reassures state-run banks of capital infusion if bad loans surge
India has assured state banks it is ready to provide capital support as the coronavirus pandemic may lead to a ......
Finance
Stressed assets on pause for now but coronavirus aftermath poses shakeout risks
Even as the entire stressed asset ecosystem is almost on pause in the pandemic, both buyers and sellers are bracing ......
Finance
Yes Bank plans to raise $666 mn more after govt bailout
Yes Bank Ltd has approved plans to raise up to Rs 5,000 crore ($666 million) to strengthen its capital base ......
Finance
Why NBFCs face bigger headache than banks from coronavirus
India’s non-banking finance companies face more pain in coming months as a nationwide lockdown to battle the coronavirus pandemic threatens ......
Finance
Which high-debt companies may find the going toughest amid coronavirus crisis?
The deadly coronavirus pandemic is wreaking havoc all over the world, and India is no exception. Most of India is ......
