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Finance
How govt's ‘huge' stimulus will seep into small businesses
As part of its Rs 20 trillion ‘stimulus package’ announced last week, the Narendra Modi government announced a slew of ......
Finance
With renewed cleanup act, can Yes Bank attract ‘confidence capital' for revival?
Yes Bank’s new management is busy firefighting the mid-sized private sector lender’s bad loan problems that stretch from tycoon Anil ......
Finance
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 ......
Finance
PNB hikes bad-loan recovery target by over 50% for FY20
State-owned Punjab National Bank (PNB) has increased its bad-loan recovery target to Rs 25,000 crore for the current financial year. ......
Finance
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 ......
Economy
After SC order, RBI to issue fresh circular on bad debt resolution
The Reserve Bank of India (RBI) said on Thursday it would issue a revised circular on the resolution of stressed ......
Finance
RBI tweaks bad loans divergence norms
The Reserve Bank of India (RBI) said on Monday banks should disclose bad loan divergences if the additional provisioning has ......
Finance
Five-year outlook a must for chasing stressed assets: Panellists at VCCircle LP summit
Timely due diligence, better visibility of risks and quality information about distressed companies can help fund managers and strategic investors ......
Finance
Yes Bank shares surge 30% as RBI gives clean chit on divergences
Yes Bank Ltd's shares surged 30 percent early on Thursday in their sharpest ever intraday jump, a day after the ......
Finance
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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