bad loans
Finance
Oriental Bank of Commerce plans to sell stake in life insurance JV
State-run Oriental Bank of Commerce plans to divest its stake in its life insurance joint venture as part of efforts ......
Finance
HDFC Bank to acquire Bank of Baroda's stake in Clearing Corporation
HDFC Bank, India’s most valued lender, has agreed to buy state-run Bank of Baroda’s stake in Clearing Corporation of India ......
Finance
In numbers: Which NBFCs have the biggest bad-loan problem?
The recent downfall of Infrastructure Leasing and Financial Services Ltd (IL&FS), one of India’s largest non-banking financial companies (NBFCs) which ......
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 a five-pronged Project Sashakt ......
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 banks’ balance sheets ......
Finance
Promoters now see debt repayment as an obligation, not option: AZB's Ramanathan
The country’s bankruptcy law has brought about a positive change in attitude among promoters and banks with regard to proactively ......
Finance
In Charts: How top NBFCs outpaced biggest banks by asset and profit growth
Last week, VCCircle analysed how India’s 11,500-odd non-banking finance companies have, in the past few years, capitalised on the Rs ......
Finance
Over 20 Indian banks sign pact for faster bad-loan resolution
More than 20 Indian lenders on Monday signed a pact aimed at faster resolution of bad loans, officials said, while ......
Finance
Govt panel bats for AMC, alternative investment fund to tackle bad loans
An Indian government panel has suggested creating an asset management company (AMC) to resolve bad loans above 5 billion rupees ......
People
In Charts: How Kotak Mahindra Bank has flourished under Uday Kotak
One person’s problem is another person’s opportunity - or at least that’s how the saying goes. So when Axis Bank ......