Yes Bank picks JC Flowers ARC as partner to sell stressed loans worth ₹48,000 cr
The private lender says it has decided that the JC Flowers ARC will be the base bidder for a proposed sale of an identified stressed loan portfolio of the bank.
bad loans
July 2022
November 2021
November 2019
April 2019
October 2018
September 2018
August 2018
July 2018
IBC’s Existential Problems
With liquidations surpassing resolutions, bankers need to look at alternatives to the bankruptcy code.
Banks recover more than Rs 5 lakh cr bad loans: PM
Modi also urged banks to support start-ups and rural areas and step up fintech initiatives.
YES Bank and its chronic bad loan pain
No respite for controversy-hit YES Bank after the RBI finds the private sector lender guilty of under-reporting bad loans, again, casting a shadow on the bank’s asset quality and profitability in Q3.
YES Bank posts first ever quarterly loss
The fifth-largest private lender reported a loss of ₹1,506.6 crore in the March quarter, its first in 55 quarters since its listing, on account of bad loans.
Indian economy: A fuzzy future
India’s economy might be cruising along, but the road ahead might not be smooth.
IL&FS’ Satyam moment
Nine years after the Satyam Computer Services fiasco, IL&FS finds itself in a similar situation, in need of a bailout from the government to prevent the contagion from spreading further.
Axis Bank board ropes in Amitabh Chaudhry
Chaudhry, who oversaw HDFC Life’s bumper IPO, will take over the reins from Shikha Sharma from January 1, 2019.
PNB falls over 7% after reporting Rs 940 crore loss in Q1
The loss was much lower than Rs 2,418 crore, the figure estimated by a Reuters poll.
India Inc’s credit crunch
A spate of banking frauds, arrests of the top management at some banks and mounting bad loans have led to drying up of debt from financial system. So who will fund India’s growth story?
