Insolvency and Bankruptcy Code
Finance
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 ......
Finance
Running out of patience, more banks are putting bad loans on the block
Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the country’s ......
Finance
KKR's Sanjay Nayar on outlook for 2019 and why it is betting big on credit biz
In November 2008, KKR & Co. hired Sanjay Nayar to set up and head its India operations, which formally began ......
Finance
SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms
The Supreme Court on Friday upheld the two-year-old Insolvency and Bankruptcy Code (IBC) in its entirety, thereby continuing to bar ......
Infrastructure
Fundraising may suffer as more homebuyers drag developers to insolvency courts
The real estate industry’s fundraising prospects may take a hit as freshly empowered homebuyers increasingly drag developers to insolvency courts. On ......
Economy
Banks likely to recover bad loans worth $10 bn by March-end: Finance minister
Indian banks are likely to recover Rs 70,000 crore ($9.95 billion) of bad loans by the end of March, helped ......
Finance
Flashback 2018: Financial sector grapples with PNB scam, NBFC crisis, RBI-govt row
Bad loans, the rising gulf between the Reserve Bank of India and the government, and the Punjab National Bank-Nirav Modi ......
Finance
Flashback 2018: Stressed assets pain eases as bad loan clean-up gains momentum
Two years ago, in December 2016, the Insolvency and Bankruptcy Code (IBC) came into effect. While the new bankruptcy law ......
Consumer
KKR starts bankruptcy proceedings against dairy company Kwality
A non-banking finance unit of global private equity giant KKR & Co. has dragged Kwality Ltd to the bankruptcy court, ......
Finance
Succession plan, family biz rejig turning important for promoters: EY's Ajay Arora
Accounting and consulting firm EY India has, over the years, established a strong presence in the deals advisory segment as ......
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