NPAs
Finance
Prudent ARC to roll out debut fund as coronavirus promises to serve up stressed assets
New Delhi-based Prudent ARC Ltd is in talks with investors to roll out its debut fund, a top executive told ......
Finance
Stressed assets on pause for now but coronavirus aftermath poses shakeout risks
Even as the entire stressed asset ecosystem is almost on pause in the pandemic, both buyers and sellers are bracing ......
Finance
Distressed asset funds smell blood as coronavirus bites businesses
Even as the world trembles from Covid-19 and its effects on the economy, distressed asset investors are shaking with excitement ......
People
Blackstone's India bad loan arm plans to expand leadership team
Global private equity giant Blackstone plans to grow the leadership team at its asset reconstruction arm in India, a top ......
Finance
An Indian firm enters bankruptcy every four hours, but that's not the only worrying trend
The number of companies dragged into bankruptcy courts jumped over the last two quarters, as creditors pressed the pedal to ......
Finance
Lack of credit flow hurting economy, NPA issue overstated: Srei's Hemant Kanoria
Over the past few years, Kolkata-based Srei Group has gradually brought down its exposure to infrastructure financing. Instead, the group ......
Finance
Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges
When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every morning ......
Finance
How RBI's new norms for ARCs may affect the bad-loan market
The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......
Finance
Liquidation framework, costs under IBC need to be reviewed: Eight Capital chairman
The Insolvency and Bankruptcy Code (IBC) emulates a Hindi movie: Excitement in the beginning, chaos in the middle and a ......
General
Stressed assets: RBI to revise bad loans norms; Jet Airways' lenders eye stake sale
At a time when the country's banking system is saddled with a pile of over Rs 10 lakh crore worth ......