stressed assets
Finance
Cross-border insolvency law, steps for individual bankruptcy on cards: Economic Survey
India plans to enact a cross-border insolvency law and take steps to make bankruptcies of individuals easier as part of ......
Finance
Wilful defaults in India cross $21 bn in 2018-19
India’s state-owned banks had classified 1.50 trillion rupees ($21.76 billion) worth of loans as “wilful defaults”...
Manufacturing
Asian Colour Coated Ispat's lenders approve takeover offer from JSW Steel
Lenders to Asian Colour Coated Ispat Ltd have approved an offer from Sajjan Jindal-led JSW Steel Ltd to acquire the ......
Manufacturing
UV ARC acquires cement maker's debt to expand mid-market operations
UV Asset Reconstruction Company Ltd is close to acquiring the entire debt of a distressed cement manufacturing company, as it...
General
Stressed assets: RBI panel focuses on SMEs; Orchid, GMR unit set to change hands
For the past two years, the Reserve Bank of India has been focusing mainly on the biggest stressed assets in ......
Finance
RBI expects banks' bad loans to decline by March 2020
India’s central bank on Thursday said the proportion of commercial lenders’ non-performing assets (NPAs) may fall...
Healthcare
NCLT approves Dhanuka Laboratories bid to take over Orchid Pharma
The National Company Law Tribunal has cleared a resolution plan submitted by Dhanuka Laboratories Ltd to acquire debt-laden drugmaker...
Finance
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 ......
Finance
RBI panel suggests floating $720 mn stressed asset fund for small businesses
A Reserve Bank of India (RBI) committee has suggested a Rs 5,000 crore (about $720 million at current exchange rate) ......
General
Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court
In a development that will help ease the burden of bankruptcy courts and expedite the resolution of distressed assets, the ......
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