NPA
Consumer
Future Group's lenders reject Reliance offer over valuation
A clutch of lenders accounting for most of the loans to debt-laden Future Group on Thursday rejected a proposal to ......
Finance
Company Watch: Can PE-backed Veritas Finance lift profitability, asset quality?
Veritas Finance Pvt. Ltd was founded in 2015 to finance the “missing middle”. This target segment, located a notch above typical ......
Finance
Banks scramble to beef up defences as coronavirus threatens to sour loan books
Banks across the nation are raising or proposing to raise at least Rs 1.4 trillion ($19 billion) as the industry ......
Finance
JM Financial arm marks first close of debut stressed assets fund
The credit alternatives arm of the JM Financial Group has marked the first close of its debut distressed assets fund. JM ......
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
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 ......
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
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) ......