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How govt's ‘huge' stimulus will seep into small businesses

Finance

18 May, 2020

How govt's ‘huge' stimulus will seep into small businesses

As part of its Rs 20 trillion ‘stimulus package’ announced last week, the Narendra Modi government announced a slew of ......

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With renewed cleanup act, can Yes Bank attract ‘confidence capital' for revival?

Finance

10 October, 2019

With renewed cleanup act, can Yes Bank attract ‘confidence capital' for revival?

Yes Bank’s new management is busy firefighting the mid-sized private sector lender’s bad loan problems that stretch from tycoon Anil ......

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ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?

Finance

26 June, 2019

ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?

There is more than a hint of schadenfreude in the asset reconstruction business. So even as the problem of bad ......

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

Finance

30 May, 2019

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 for the current financial year. ......

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UV ARC set to float maiden distressed assets fund

Finance

16 April, 2019

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 ......

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

Economy

04 April, 2019

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 ......

RBI tweaks bad loans divergence norms

Finance

01 April, 2019

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 ......

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Five-year outlook a must for chasing stressed assets: Panellists at VCCircle LP summit

Finance

14 February, 2019

Five-year outlook a must for chasing stressed assets: Panellists at VCCircle LP summit

Timely due diligence, better visibility of risks and quality information about distressed companies can help fund managers and strategic investors ......

Yes Bank shares surge 30% as RBI gives clean chit on divergences

Finance

14 February, 2019

Yes Bank shares surge 30% as RBI gives clean chit on divergences

Yes Bank Ltd's shares surged 30 percent early on Thursday in their sharpest ever intraday jump, a day after the ......

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How Dena Bank plans to clean up its books before merger with Bank of Baroda

Finance

23 January, 2019

How Dena Bank plans to clean up its books before merger with Bank of Baroda

Public-sector lender Dena Bank is aiming to auction off non-performing assets (NPAs) worth up to Rs 2,500 crore ($350 million) ......