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Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

Finance

02 July, 2019

Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

As finance minister Nirmala Sitharaman gives final touches to her first budget speech later this week, she’d be doing so ......

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ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?

Finance

26 June, 2019

ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?

There is more than a hint of schadenfreude in the asset reconstruction business. So even as the problem of bad ......

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ARC Scan: How Edelweiss bloomed into India's top buyer of bad loans

Finance

22 April, 2019

ARC Scan: How Edelweiss bloomed into India's top buyer of bad loans

Siby Antony, a four-decade veteran in the financial services industry, personally visits the main projects or factories of a company ......

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UV ARC set to float maiden distressed assets fund

Finance

16 April, 2019

UV ARC set to float maiden distressed assets fund

UV Asset Reconstruction Company Ltd (UV ARC) is planning to float its debut fund for buying distressed assets, a person ......

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Why the latest capital infusion into ailing government banks may not help much

Finance

21 February, 2019

Why the latest capital infusion into ailing government banks may not help much

On Wednesday, the government approved an infusion of Rs 48,239 crore ($6.8 billion) into 12 state-run banks, as part of ......

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Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Finance

30 January, 2019

Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Dena Bank, one of the weakest public-sector lenders, has posted losses for three financial years in a row, and is ......

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How Dena Bank plans to clean up its books before merger with Bank of Baroda

Finance

23 January, 2019

How Dena Bank plans to clean up its books before merger with Bank of Baroda

Public-sector lender Dena Bank is aiming to auction off non-performing assets (NPAs) worth up to Rs 2,500 crore ($350 million) ......

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Vijaya Bank CEO on challenges, benefits of merger with Bank of Baroda, Dena Bank

Finance

07 January, 2019

Vijaya Bank CEO on challenges, benefits of merger with Bank of Baroda, Dena Bank

In September last year, the government decided to merge state-run lenders Bank of Baroda, Dena Bank and Vijaya Bank as ......

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Flashback 2018: Inside the Indian economy's year of extremes

Economy

24 December, 2018

Flashback 2018: Inside the Indian economy's year of extremes

For the Indian economy, the year gone by was defined by extremes. The stock markets rose to record highs by the ......

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In numbers: Which NBFCs have the biggest bad-loan problem?

Finance

20 November, 2018

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 ......