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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 ......

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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 ......

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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 ......

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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 ......

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Will the new ordinance help banks clean up the bad-loan mess?

Finance

23 May, 2017

Will the new ordinance help banks clean up the bad-loan mess?

When a new government takes office, it usually inherits a sizeable baggage from the previous regime. Three years ago, when ......