NPAs
Finance
HDFC to pick up 20% stake in Mumbai ARC
India’s largest private-sector mortgage lender HDFC Ltd is set to foray into the asset reconstruction business as it has announced ......
Finance
Yes Bank CEO on tackling NPAs, reviving loan growth and more
On March 5, Prashant Kumar, then the finance chief of State Bank of India, was tasked with leading troubled lender ......
People
Phoenix ARC expects activity to pick up in Jan-March: Chief exec
Phoenix ARC Private Limited, sponsored by Kotak Mahindra Group, witnessed a spike in profit for April-September on a year-on-year basis. The ......
Finance
SBI's new chief says top priority to maintain loan book quality
India's largest lender, State Bank of India's newly appointed chairman said that his focus areas as he takes over will ......
Finance
Banks fear govt interest waiver will add to costs, spark litigation
Indian bankers fear the government's decision to waive some interest payments on loans under a COVID-19 support plan will create ......
Finance
Top executive quits Ares SSG-backed asset reconstruction firm
The chief executive and managing director of an asset reconstruction firm, backed by alternative asset manager Ares SSG (previously SSG ......
Insights Focus
Corporate Intelligence – A Crisis Navigational Tool
Trust is the bedrock on which our social contracts are written. It works as the starting point for all our ......
Finance
RBI's debt revamp proposal to prolong banks' asset quality uncertainty: Fitch
A one-time debt restructuring allowed by the Reserve Bank of India (RBI) to help lenders and borrowers amid the COVID-19 ......
Finance
In Charts: How the woes of India's banking sector and economy may worsen
Last week, the Reserve Bank of India unveiled the results of the latest “stress test” that it conducts periodically to ......
Finance
Banks' bad debt to jump amid COVID-19 pandemic: RBI report
Bad loans in the Indian banking system could soar to almost 15% of total loans by March 2021 as the ......
