bad loans
Finance
The bad news about the market for bad loans
In 2017, when the Insolvency and Bankruptcy Code (IBC) was passed, he was among many investors who saw a golden ......
Consumer
Future Group's lenders reject Reliance offer over valuation
A clutch of lenders accounting for most of the loans to debt-laden Future Group on Thursday rejected a proposal to ......
Finance
Covid dents Edelweiss ARC's debt purchase by at least 40%
Financial services major Edelweiss group’s asset reconstruction company is expected to see a dip in debt purchase and recoveries this ......
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 SSG ......
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 to ......
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 ......
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 has decided ......
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
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
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 ......
