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Former RBI chief Raghuram Rajan suggests state asset sales to bail out banks

Finance

07 September, 2017

Former RBI chief Raghuram Rajan suggests state asset sales to bail out banks

India could sell stakes in state-owned companies to fund a bank recapitalisation and revive growth without straying from the path ......

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Why Haven't PE Firms' Stressed Assets Ventures Taken Off?

Finance

11 May, 2017

Why Haven't PE Firms' Stressed Assets Ventures Taken Off?

When the Reserve Bank of India completed a review of banks’ asset quality towards the end of 2015, plenty of ......

India needs to create 'bad bank' quickly, says finance ministry aide Subramanian

General

22 February, 2017

India needs to create 'bad bank' quickly, says finance ministry aide Subramanian

India's finance ministry on Wednesday backed a call by the Reserve Bank of India to set up an institution similar ......

IDBI Bank to sell non-core assets

General

21 February, 2017

IDBI Bank to sell non-core assets

IDBI Bank Ltd plans to sell some non-core investments, as the state-run lender grapples with bad loans and mounting losses.The ......

How big is Indian banks' bad loans problem?

General

12 October, 2016

How big is Indian banks' bad loans problem?

On 10 October Reuters reported that bad debt on the books of India’s banks had swelled to Rs 9.22 trillion ......