bad loans
Finance
Govt to unveil fiscal package to help economy face coronavirus: Sitharaman
India’s government will soon announce a fiscal package to help the economy face the impact of the coronavirus, Finance Minister ......
Finance
Govt, RBI mull relaxing bad loan rules for sectors hit by coronavirus
India’s government and central bank are considering giving relief to banks, aviation and other hospitality sectors hit by the coronavirus ......
Finance
Banks to seek relief from RBI on bad loans amid coronavirus concerns
The coronavirus pandemic has sparked concerns about a fresh surge in bad loans at India’s lenders, and the industry body ......
Finance
Crisis-hit Yes Bank plunges into $2.5 bn quarterly loss
Troubled Indian lender Yes Bank reported a wider-than-expected quarterly loss of 185.6 billion rupees ($2.5 billion), and said it was ......
Finance
Cabinet clears Yes Bank rescue plan; ICICI, Axis, Kotak, HDFC to pitch in
The Union Cabinet has approved a reconstruction plan for Yes Bank, finance minister Nirmala Sitharaman said on Friday, as the ......
Finance
SBI board okays $975 mn investment in moratorium-hit Yes Bank
State Bank of India’s board has approved an investment of Rs 7,250 crore ($975 million) in cash-starved private sector lender ......
Finance
Deal with Yes Bank's bondholders 'in process', says administrator
The administrator of India’s Yes Bank told Reuters a deal was being discussed with some bondholders who have opposed a ......
Finance
SBI may take up to 49% stake in Yes Bank under RBI bailout plan
The Reserve Bank of India (RBI) has outlined a scheme to revive Yes Bank that proposes State Bank of India ......
Finance
RBI imposes moratorium on Yes Bank, supersedes board; SBI may invest
The Reserve Bank of India on Thursday imposed a moratorium on Yes Bank and superseded its board after the private-sector ......
People
Blackstone's India bad loan arm plans to expand leadership team
Global private equity giant Blackstone plans to grow the leadership team at its asset reconstruction arm in India, a top ......
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