NPA
Finance
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 ......
Finance
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 ......
Finance
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 ......
Economy
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
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 ......