bad loans

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Finance

01 September, 2022

The bad news about the market for bad loans

In 2017, when the Insolvency and Bankruptcy Code (IBC) was passed, he was among many investors who saw a golden ......

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Consumer

22 April, 2022

Future Group's lenders reject Reliance offer over valuation

A clutch of lenders accounting for most of the loans to debt-laden Future Group on Thursday rejected a proposal to ......

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Finance

17 March, 2021

Covid dents Edelweiss ARC's debt purchase by at least 40%

Financial services major Edelweiss group’s asset reconstruction company is expected to see a dip in debt purchase and recoveries this ......

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Finance

09 September, 2020

Top executive quits Ares SSG-backed asset reconstruction firm

The chief executive and managing director of an asset reconstruction firm, backed by alternative asset manager Ares SSG (previously SSG ......

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Finance

29 July, 2020

In Charts: How the woes of India's banking sector and economy may worsen

Last week, the Reserve Bank of India unveiled the results of the latest “stress test” that it conducts periodically to ......

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Finance

14 July, 2020

Banks scramble to beef up defences as coronavirus threatens to sour loan books

Banks across the nation are raising or proposing to raise at least Rs 1.4 trillion ($19 billion) as the industry ......

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General

19 May, 2020

Why one-year suspension of bankruptcy law has put bankers, investors in tough spot

Creditors, investors and even companies involved in distressed asset resolution will suffer a major setback as the government has decided ......

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Finance

06 May, 2020

How banks' credit growth slumped across sectors in the wake of coronavirus

In the last week of April, one month into the national lockdown, commercial banks parked more than Rs 7 trillion ......

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Finance

08 April, 2020

Arcil halts bad-loan purchases, focuses on recovery amid coronavirus lockdown

Asset Reconstruction Company (India) Ltd, or Arcil, has decided not to acquire any soured debt during the current quarter and ......

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Finance

03 April, 2020

Stressed assets on pause for now but coronavirus aftermath poses shakeout risks

Even as the entire stressed asset ecosystem is almost on pause in the pandemic, both buyers and sellers are bracing ......