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The bad news about the market for 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 ...

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Post-pandemic hope drives half-dozen NBFCs to public markets

Finance

Post-pandemic hope drives half-dozen NBFCs to public markets

Hope of a post-pandemic rebound is driving a flock of non-banking financial companies to the public ...

Sensex, Nifty tumble as report warns of banking stress; HDFC slides

Markets

Sensex, Nifty tumble as report warns of banking stress; HDFC slides

Indian shares rebounded on Tuesday, led by a jump in beaten-down banking stocks, as Asian markets ...

Police probe management of Punjab and Maharashtra Co-operative Bank

Finance

Police probe management of Punjab and Maharashtra Co-operative Bank

Indian officials registered a police complaint against the senior management of Punjab and ...

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How India's most vulnerable companies can worsen the debt woes

Finance

How India's most vulnerable companies can worsen the debt woes

India Inc.’s battle with high debt levels could potentially get tougher in coming years as ...

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Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

Finance

Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

As finance minister Nirmala Sitharaman gives final touches to her first budget speech later this ...

PNB hikes bad-loan recovery target by over 50% for FY20

Finance

PNB hikes bad-loan recovery target by over 50% for FY20

State-owned Punjab National Bank (PNB) has increased its bad-loan recovery target to Rs 25,000 crore...

After SC order, RBI to issue fresh circular on bad debt resolution

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...

RBI tweaks bad loans divergence norms

Finance

RBI tweaks bad loans divergence norms

The Reserve Bank of India (RBI) said on Monday banks should disclose bad loan divergences if the ...

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Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

Finance

Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

It has been a year since Punjab National Bank (PNB) revealed that two jewellery groups had swindled ...