When top executives from one of India’s biggest banks visited London earlier this month, it wasn’t to take stock of…
Following the large losses reported by public sector banks (PSBs) in the December quarter, the annualised return on assets (RoA)…
The high-speed clean-up of banks’ books will hurt earnings growth at state-owned lenders and their ability to raise money from…
Lenders to Surana Industries have dropped a plan to initiate a strategic debt restructuring (SDR) scheme for the company with…
Kalpataru Power Transmission (KPTL) and the Amin Group are interested in buying into Mumbai-based Jyoti Structures after lenders decided to…
T&D, EPC units attract attention; Welspun denies interest
State Bank of Hyderabad (SBH) — lender to Abhijeet MADC Nagpur Energy Private Limited (AMNEPL) — has sold loans worth…
Federal Bank has sold its loans to Essar Steel worth Rs 70 crore to Edelweiss Asset Reconstruction Company (ARC), sources…
Concerned at the rising instances of loan recasts going wrong
Logistics firm Arshiya, which on Tuesday informed stock exchanges that it has exited the corporate debt restructuring (CDR) scheme, saw…
Conversion via SDR route, say sources
Non-performing assets (NPAs) for a clutch of banks is set to go up by close to Rs 3,000 crore in…
Lenders to Kolkata-based Adhunik Power and Natural Resources Ltd (APNRL) have decided to convert a large portion of their loans…
Lenders to Marg Group’s Karaikal Port have decided to sell Rs 860 crore of loans to asset reconstruction companies…
The strategic debt restructuring (SDR) plan for Visa Steel has run into rough weather with one of the non-consortium lenders,…
Lenders to engineering and construction firm Transstroy and trucks manufacturer AMW Motors are pushing for conversion of a large portion…
Debt recasts of three companies worth Rs 700 crore through corporate debt restructuring (CDR) failed in October, taking the total…
Lenders to the loss-making Jyoti Structures have decided to convert Rs 307.6 crore of loans into shares at a value…
