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Future Group's lenders reject Reliance offer over valuation

Consumer

22 April, 2022

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 ......

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Company Watch: Can PE-backed Veritas Finance lift profitability, asset quality?

Finance

25 August, 2020

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 ......

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Banks scramble to beef up defences as coronavirus threatens to sour loan books

Finance

14 July, 2020

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 ......

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JM Financial arm marks first close of debut stressed assets fund

Finance

04 June, 2020

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 ......

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How govt's ‘huge' stimulus will seep into small businesses

Finance

18 May, 2020

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 ......

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With renewed cleanup act, can Yes Bank attract ‘confidence capital' for revival?

Finance

10 October, 2019

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 ......

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ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?

Finance

26 June, 2019

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 ......

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UV ARC set to float maiden distressed assets fund

Finance

16 April, 2019

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 ......

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Five-year outlook a must for chasing stressed assets: Panellists at VCCircle LP summit

Finance

14 February, 2019

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 ......

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How Dena Bank plans to clean up its books before merger with Bank of Baroda

Finance

23 January, 2019

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) ......