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Sunil Mehta

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In stressed assets, it doesn't make sense to get cute with disclosures: Sashakt chief

Finance

In stressed assets, it doesn't make sense to get cute with disclosures: Sashakt chief

In May 2020, two people in the know told VCCircle that lenders are reconsidering the option of a so-...

Banks weigh Sashakt panel-proposed fund to turn around stressed assets

Finance

Banks weigh Sashakt panel-proposed fund to turn around stressed assets

Indian banks have revived discussions on setting up an asset management company and an alternative ...

PNB hikes bad-loan recovery target by over 50% for FY20

Finance

PNB hikes bad-loan recovery target by over 50% for FY20

State-owned Punjab National Bank (PNB) has increased its bad-loan recovery target to Rs 25,000 crore...

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Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

Finance

Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

It has been a year since Punjab National Bank (PNB) revealed that two jewellery groups had swindled ...

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India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta

Finance

India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta

In early July, a panel led by Sunil Mehta, non-executive chairman at Punjab National Bank, proposed ...

Premium
Project Sashakt panel engages with PE funds for AIF as investors seek clarity

Finance

Project Sashakt panel engages with PE funds for AIF as investors seek clarity

A committee of bankers tasked with implementing Project Sashakt to ease the pile of bad loans on ...

Green energy startup igrenEnergi gets fresh funding

Infrastructure

Green energy startup igrenEnergi gets fresh funding

igrenEnergi Inc, a US-headquartered startup incubated at the Indian Institute of Technology-Bombay, ...