bad loans

Finance

21 September, 2022

Yes Bank gives nod for sale of NPA portfolio to JC Flowers

Private lender Yes Bank's board has approved the transfer of stressed assets worth ₹48,000 crore to private equity firm JC ......

Premium

Finance

01 September, 2022

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 ......

Premium

Consumer

22 April, 2022

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 ......

Economy

16 March, 2022

Indian banks may face headwinds from Russia-Ukraine crisis: S&P

Indian banks may face some headwinds from the Russia-Ukraine crisis, which could lead to higher inflation and some stress for ......

Finance

28 January, 2022

Bad bank starts operations, banks to transfer $6.6 bn NPAs by March

National Asset Reconstruction Company Ltd (NARCL), a government created entity to tackle bad loan problem in India, is set to ......

Finance

07 June, 2021

State-owned banks identify $12 bn NPAs to be transferred to bad bank

Public sector banks have identified a total of 22 large bad loan accounts worth Rs 89,000 crore (approximately $12.2 billion) ......

Finance

04 June, 2021

RBI expands borrowers limit to Rs 50 crores

The Reserve Bank of India (RBI) on Friday expanded the borrowing limit to Rs 50 crores for small businesses that ......

Premium

Finance

17 March, 2021

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

01 February, 2021

Budget 2021: Govt to set up ‘bad bank' to manage rising NPAs

India will soon set up the long discussed ‘bad bank’ or an asset reconstruction company (ARC) to address rising non-performing ......

TMT

30 October, 2020

Snapdeal founders, others invest in bad loans recovery-focussed Credgenics

Analog Legalhub Tech Solutions Pvt Ltd, which operates bad loans recovery-focussed platform Credgenics, has raised Rs 24.8 crore ($3.3 million) ......