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Project Sashakt panel engages with PE funds for AIF as investors seek clarity

Finance

30 August, 2018

Project Sashakt panel engages with PE funds for AIF as investors seek clarity

A committee of bankers tasked with implementing Project Sashakt to ease the pile of bad loans on banks’ balance sheets ......

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SBI, PNB's billion-dollar losses only tell half the sorry tale of PSU banks

Finance

25 May, 2018

SBI, PNB's billion-dollar losses only tell half the sorry tale of PSU banks

State Bank of India, the country's largest lender, earlier this week reported its highest-ever quarterly loss of more than Rs ......

India's stressed bank assets rise to $146 bn in December

Finance

02 April, 2018

India's stressed bank assets rise to $146 bn in December

Soured loans at India’s banks rose in the three months to December to 9.5 trillion rupees ($145.9 billion), after declining ......

Flashback 2017: Indian economy grapples with GST, sluggish investments

Economy

18 December, 2017

Flashback 2017: Indian economy grapples with GST, sluggish investments

The Indian economy had to weather the impact of a double whammy of sorts in 2017. Even as it tried ......

Former RBI chief Raghuram Rajan suggests state asset sales to bail out banks

Finance

07 September, 2017

Former RBI chief Raghuram Rajan suggests state asset sales to bail out banks

India could sell stakes in state-owned companies to fund a bank recapitalisation and revive growth without straying from the path ......

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Will the new ordinance help banks clean up the bad-loan mess?

Finance

23 May, 2017

Will the new ordinance help banks clean up the bad-loan mess?

When a new government takes office, it usually inherits a sizeable baggage from the previous regime. Three years ago, when ......

NBFCs march ahead in India as banks grapple with bad loans

Finance

17 May, 2017

NBFCs march ahead in India as banks grapple with bad loans

Indian banks' struggles with bad loans over the past three years have opened an opportunity to ramp up lending for ......

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​​Why PE firms' stressed assets ventures haven't taken off

Finance

11 May, 2017

​​Why PE firms' stressed assets ventures haven't taken off

When the Reserve Bank of India completed a review of banks’ asset quality towards the end of 2015, plenty of ......

SEBI to frame norms for listing security receipts issued by ARCs

General

13 February, 2017

SEBI to frame norms for listing security receipts issued by ARCs

Capital markets regulator Securities and Exchange Board of India (SEBI) has initiated a discussion on rules regarding listing and trading ......

Banks face "significant" stress but stable overall: RBI report

General

29 December, 2016

Banks face "significant" stress but stable overall: RBI report

Banking sector continues to face "significant" levels of stress but the financial system remains stable overall after moves to enhance ......