Let ARCs shoulder NPAs, banks focus on credit creation
The ARCs, the quintessential bad banks, can help the commercial banks focus on underwriting good loans, supporting GDP growth.
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December 2021
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Why stressed assets resolution tools need overhaul
Not just lack of regulations of private ARCs, continuous writing-off of NPAs and creation of new ones point to gross failures of the IBC and other mechanisms
The feats & failures of IBC: Why it must change
With a debt recovery of 20% and liquidation of 29.7% cases, five years on, the Insolvency & Bankruptcy Code is hurting banks, businesses and the economy.
Centre to clip banks' wings amid alert over deep haircuts in insolvency
MCA to soon begin deliberations with RBI, finmin on IBBI recommendations to bring in a code of conduct
Did RBI drag its feet on $4-bn SREI crisis?
Debate heats up as the central bank sends SREI companies to insolvency, supercedes board
How DHFL fits into Ajay Piramal’s plans
The tycoon has finally won DHFL in a bruising bidding war. Here's Fortune India's earlier story explaining why the ailing home finance company is critical to his plans.
FD holders of DHFL brace for a two-thirds haircut
Lenders are to decide the fate of more than 55,000 fixed deposit holders in two days. In all likelihood, they will lose over 60% of their investments.
DHFL sale enters last lap, three bidders fight it out
Race between Oaktree, Piramal, Adani to be decided in three days, committee of creditors to take final call on December 23.
Why we should never waste a good crisis
Refinitiv’s global head of industry and government affairs, Sherry Madera, talks to Fortune India on the outcome of the U.S. elections, India's stimulus package, and bond markets.
Deadlines extended for filing I-T returns and GST
Finance minister Nirmala Sitharaman relaxes regulatory and compliance norms for individuals and companies as the economy navigates a tough time caused by the Coronavirus outbreak.
