NPAs
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 ......
Economy
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
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
RBI committee suggests ARCs be allowed as resolution applicants with AIFs
Asset Reconstruction Companies (ARCs) will now be allowed to participate as resolution applicants in the bankruptcy and insolvency process, a ......
Finance
Former SBI chairman, Alchemist ARC promoter booked in loan scam case
Rajasthan’s Jaisalmer police have arrested ex-State Bank of India (SBI) chairman Pratip Chaudhuri in relation to a loan scam case ......
Finance
Indian banks face rise in bad loans to 8-9% of lending -CRISIL
Indian banks are likely to see a rise in gross non-performing assets (NPA) to 8-9% of total lending at the ......
Finance
Cerberus, Oaktree, JC Flowers in race to buy stake in Yes Bank's proposed ARC
Three US-based entities including private equity (PE) fund Cerberus Capital Management, New York-based investor JC Flowers & Co. LLC and ......
Finance
Prudent ARC set to raise fresh capital for its AIF
New Delhi-based Prudent ARC Ltd is set to raise around Rs 450 crore (about $60.5 million) in the second scheme ......
Finance
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
Punjab National Bank to buy stake in bad bank
Government-owned Punjab National Bank (PNB) on Saturday said it will acquire a stake in the soon-to-be-set-up National Asset Reconstruction Company ......
