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Edelweiss ARC ups target for snapping up stressed loans

Finance

03 January, 2019

Edelweiss ARC ups target for snapping up stressed loans

The asset reconstruction arm of the Edelweiss Group has increased its target for investments in stressed assets for the current ......

RBI to allow banks to restructure some defaulting SME loans

Finance

02 January, 2019

RBI to allow banks to restructure some defaulting SME loans

The Reserve Bank of India (RBI) said it will allow banks to restructure loans to small and medium sized-companies that ......

How NBFCs are using tech to boost MSME lending

Finance

24 December, 2018

How NBFCs are using tech to boost MSME lending

Over the last few quarters, public sector banks’ (PSBs’) share in lending to micro, small and medium enterprises (MSMEs) has ......

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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 ......

Promoters now see debt repayment as an obligation, not option: AZB's Ramanathan

Finance

28 August, 2018

Promoters now see debt repayment as an obligation, not option: AZB's Ramanathan

The country’s bankruptcy law has brought about a positive change in attitude among promoters and banks with regard to proactively ......

Over 20 Indian banks sign pact for faster bad-loan resolution

Finance

23 July, 2018

Over 20 Indian banks sign pact for faster bad-loan resolution

More than 20 Indian lenders on Monday signed a pact aimed at faster resolution of bad loans, officials said, while ......

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How NBFCs are making hay while banks wilt under bad loans

Finance

20 July, 2018

How NBFCs are making hay while banks wilt under bad loans

Adversities often throw up new opportunities, provided someone is smart enough to realise it. India’s non-banking financial companies (NBFCs) capitalising ......

Govt panel bats for AMC, alternative investment fund to tackle bad loans

Finance

03 July, 2018

Govt panel bats for AMC, alternative investment fund to tackle bad loans

An Indian government panel has suggested creating an asset management company (AMC) to resolve bad loans above 5 billion rupees ......

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SBI, PNB's billion-dollar losses only tell half the sorry tale of PSU banks

Finance

25 May, 2018

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 ......