stressed assets
Finance
Indian banks' bad debt could double in coronavirus crisis
India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, ......
Finance
Prudent ARC to roll out debut fund as coronavirus promises to serve up stressed assets
New Delhi-based Prudent ARC Ltd is in talks with investors to roll out its debut fund, a top executive told ......
Markets
SEBI looks to ease fundraising norms for distressed companies
The Securities and Exchange Board of India (SEBI) has proposed to relax fundraising norms for distressed companies to help them...
Finance
As coronavirus heightens default concerns, a look at India Inc's ‘unsafe debt'
The coronavirus pandemic will likely force several businesses to default on their borrowings, even though the central bank has...
Finance
Centrum-backed steel firm ropes in foreign investor to buy out debt purchasers
A steel firm backed by Centrum Group’s microlender Altura and Anand Rathi Group’s NBFC arm has roped in a foreign...
Finance
This might be a record year as bankruptcies go through the roof: Dhruva Advisors partner
The number of bankruptcies this year could be at least four to five times that of last year owing to ......
Infrastructure
Jet revival prospects worsen as coronavirus prompts suitor to reconsider boarding carrier
Revival prospects for Jet Airways have worsened exactly a year after the carrier operated its last flight as coronavirus has ......
Finance
RBI unveils steps for NBFCs, microlenders to tackle virus impact
The Reserve Bank of India on Friday unexpectedly cut its key deposit rate for the second time in three weeks ......
Infrastructure
IL&FS sells entire stake in wind energy business to Orix
Infrastructure Leasing & Financial Services (IL&FS) said it has completed the sale of its wind energy business to its...
Infrastructure
SARE Homes' former managing director sets up interim management firm
Former managing director of SARE Homes has set up an interim management company after heading the Duet Group-promoted real estate...
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