stressed assets
Economy
Banks likely to recover bad loans worth $10 bn by March-end: Finance minister
Indian banks are likely to recover Rs 70,000 crore ($9.95 billion) of bad loans by the end of March, helped ......
Finance
Edelweiss ARC ups target for snapping up stressed loans
The asset reconstruction arm of the Edelweiss Group has increased its target for investments in stressed assets for the current ......
Finance
Flashback 2018: Financial sector grapples with PNB scam, NBFC crisis, RBI-govt row
Bad loans, the rising gulf between the Reserve Bank of India and the government, and the Punjab National Bank-Nirav Modi ......
Finance
Flashback 2018: Stressed assets pain eases as bad loan clean-up gains momentum
Two years ago, in December 2016, the Insolvency and Bankruptcy Code (IBC) came into effect. While the new bankruptcy law ......
Finance
Multiples PE scraps stressed assets investment programme
Renuka Ramnath-led private equity firm Multiples Alternate Asset Management has shut down its stressed assets investment division two years after ......
Finance
State-run banks recover bad loans worth over $8 bn in April-September quarter
Indian state-run banks recovered 607.3 billion rupees ($8.69 billion) of outstanding bad loans in the April-September period, which a finance ......
Finance
Four years and counting: For KKR, India's stressed assets remain a bridge too far
In an interaction with journalists on Wednesday, Henry Kravis highlighted the investment opportunity arising from stressed assets in India. In ......
Manufacturing
Bain-Piramal fund invests $156 mn in Archean Chemical
India Resurgence Fund, a joint venture of Bain Capital Credit and Piramal Enterprises Ltd, has invested $156 million (Rs 1,100 ......
Finance
Top Edelweiss stressed assets executive quits to join corporate house
A senior executive from Edelweiss Alternative Asset Advisors Ltd has stepped down to join a Bengaluru-based family run group of ......
Infrastructure
ICICI Venture-Tata's PE fund inks $830 mn deal for Jaypee's Prayagraj project
A private equity venture set up by Tata Power Co. Ltd and ICICI Group has signed a pact to acquire ......
