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Enough Lies -- India’s Banks Get an Ultimatum on Bad Debt: Gadfly

Enough Lies -- India’s Banks Get an Ultimatum on Bad Debt: Gadfly.....»»

Category: topSource: washpostFeb 13th, 2018

Banks worried over Air India divestment route

Lenders say hiving AI's working capital debt puts their exposure at risk.....»»

Category: topSource: business-standardDec 10th, 2017

This Chinese Frenemy Offers India Banks a Risky Reliance: Gadfly

This Chinese Frenemy Offers India Banks a Risky Reliance: Gadfly.....»»

Category: topSource: washpostNov 28th, 2017

RBI Orders India"s Banks to Act on Big Companies" Bad Debt

India’s central bank is headed for a collision with some of the country’s largest companies, as it steps up pressure on banks to clean up a chronic bad-debt problem weighing on the country’s economic growth......»»

Category: topSource: wsjNov 8th, 2017

LEAP India to raise ₹100 crore via debt to fund expansion

Supply chain management services provider LEAP India on Friday said it is raising another ₹100 crore debt from banks to take the current pallet count from 1 to 3 million in the next three years.“We h........»»

Category: topSource: thehindubusinesslineOct 6th, 2017

SBI"s Rajnish Kumar puts bad debt under microscope but also eyes growth

India's state-run banks have been battered by soured loans.....»»

Category: topSource: business-standardOct 5th, 2017

SBI"s incoming chairman puts bad debt under microscope but also eyes growth

India's state-run banks have been battered by soured loans.....»»

Category: topSource: business-standardOct 5th, 2017

Nearly 150,000 jobs at risk in debt-ridden telecom sector: Estimates

In April, the Reserve Bank of India (RBI) had also cautioned commercial banks about loans given to companies in the telecom sector.....»»

Category: topSource: business-standardOct 5th, 2017

India not moving "fast enough" to reform debt-laden banks: Bain Chairman

All the lowdown on the three-day India Economic Summit.....»»

Category: topSource: business-standardOct 5th, 2017

India"s Debt Crisis Explained in Six Charts

India is taking a series of aggressive steps to reduce the mountain of bad debts weighing down its banks and threatening to derail the world’s fastest-growing large economy. A look at the crisis in six charts......»»

Category: topSource: wsjAug 17th, 2017

Insolvency: The debt threat lurking behind India"s zombie power plants

RBI asked commercial banks to resolve non-performing debts or push defaulters into bankruptcy.....»»

Category: topSource: business-standardJul 21st, 2017

Insolvency case: The debt threat lurking behind India"s zombie power plants

RBI asked commercial banks to resolve non-performing debts or push defaulters into bankruptcy.....»»

Category: topSource: business-standardJul 20th, 2017

Haircut needed to resolve NPAs, says Rangarajan

Former Reserve Bank of India governor C Rangarajan says 'some haircut' is inevitable in the process of resolving the big load of bad loans at government-owned banks. A haircut is the term for the writeoff a lender accepts on a debt.....»»

Category: personnelSource: nytJul 11th, 2017

SBI allays fears of tightening screw against telecom sector, says it hasn"t cancelled unused credit lines

Reserve Bank of India had recently asked banks to review their exposure to the debt-ridden sector.....»»

Category: topSource: business-standardJun 9th, 2017

No loans? Small businesses suffer due to banks" bad debt problem

Bad debt in India's banking system has led to a prolonged credit crunch inflicting small enterprises.....»»

Category: topSource: business-standardMay 17th, 2017

Where are the loans? Businesses suffer due to a banks" bad debt problem

Bad debt in India's banking system has led to a prolonged credit crunch inflicting small enterprises.....»»

Category: topSource: business-standardMay 17th, 2017

RBI cracks whip on banks not game for asset recast

On a day when the government vested more power to the Reserve Bank of India (RBI) in the war against bad debt, the central bank imposed a corrective action plan (CAP) on a wide range of restructurings exercised by banks.Such.....»»

Category: topSource: business-standardMay 5th, 2017

RBI tightens screws on banks to ease bad debt

Anup Roy and Abhijit LeleMumbai, 13 April: The Reserve Bank of India's (RBI) new prompt corrective action (PCA) plan for banks, revised after 15 years, can potentially restrict normal business activities of at least 15 stressed bank.....»»

Category: topSource: business-standardApr 13th, 2017

How your investments have fared since demonetisation

After demonetisation, asset classes like equities have seen a decline, while debt funds have gained as bond prices rallied. Bullion has also lost its sheen in global markets and India after Donald Trump's victory. Banks have started reducing deposit ........»»

Category: topSource: business-standardNov 27th, 2016

Gitanjali Gems was a partner for Vibrant Gujarat Summit 2017: Congress

New Delhi, 23 FebruaryThe Congress party on Friday alleged the bank fraud involving jewellers Nirav Modi and Mehul Choksi not only siphoned Rs 213 billion from public sector banks, but also cheated India's middle class of Rs 50 bill.....»»

Category: topSource: business-standard2 hr. 38 min. ago

Goldman cuts price targets for public sector banks

A $2 billion fraud at the bank that surfaced days after India's largest lender posted a surprise loss has led to sharp declines in the National Stock Exchange's gauge of state-run bank stocks.....»»

Category: topSource: business-standard22 hr. 53 min. ago