bad loans
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
SBI, PNB's billion-dollar losses only tell half the sorry tale of PSU banks
State Bank of India, the country's largest lender, earlier this week reported its highest-ever quarterly loss of more than Rs ......
Finance
Flashback 2017: NPA woes drag banks; MF inflows, insurance IPOs boost sentiment
Mounting bad loans haunted banks in 2017 and a couple of high-profile mergers collapsed, but a bunch of initial public ......
Finance
Why buyers of stressed assets must brace for a long-drawn-out process
In early May, the government empowered the Reserve Bank of India to direct lenders to start bankruptcy proceedings against large ......
Infrastructure
Lenders take control of cash-strapped engineering firm Aster
A group of lenders to Aster Pvt. Ltd has taken control of the Hyderabad-based engineering services provider after the company, ......
Finance
Will the new ordinance help banks clean up the bad-loan mess?
When a new government takes office, it usually inherits a sizeable baggage from the previous regime. Three years ago, when ......
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News