bad loans
Finance
ARC Scan: How Edelweiss bloomed into India's top buyer of bad loans
Siby Antony, a four-decade veteran in the financial services industry, personally visits the main projects or factories of a company ......
Finance
UV ARC set to float maiden distressed assets fund
UV Asset Reconstruction Company Ltd (UV ARC) is planning to float its debut fund for buying distressed assets, a person ......
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 ......
Finance
Govt may direct state-run banks on bad debt after court's rejection of RBI rules
The government could issue directions to state-run banks to resolve corporate default cases and ensure there is no tampering with ......
Finance
Stressed assets resolution to stretch as top court quashes RBI rules on bad loans
India's top court on Tuesday struck down the Reserve Bank of India's February 12, 2018 circular on bad loans, a ......
Finance
Former IL&FS chairman Hari Sankaran arrested for fraud
India’s Serious Fraud Investigation Office (SFIO) has arrested the former chairman of debt-laden Infrastructure Leasing and Financial Services (IL&FS) in ......
Finance
RBI tweaks bad loans divergence norms
The Reserve Bank of India (RBI) said on Monday banks should disclose bad loan divergences if the additional provisioning has ......
Finance
Bank of America seals its biggest distressed asset deal in India
Bank of America has sealed its biggest deal in India's stressed assets segment, with the investment banking giant buying bad ......
Finance
RBI lifts lending curbs on Allahabad Bank, two other lenders
The Reserve Bank of India (RBI) lifted regulatory constraints on three banks on Tuesday after they received a capital injection ......
Finance
Why the latest capital infusion into ailing government banks may not help much
On Wednesday, the government approved an infusion of Rs 48,239 crore ($6.8 billion) into 12 state-run banks, as part of ......
