The highest net NPA ratio was reported by IOB at 14.32%, followed by Dena Bank at 10.66% and United Bank…
The Baosteel Group from China is likely to have a bigger stake in Visa Steel if a deal between the…
Lenders managed to sell `35,000 crore of non-performing assets (NPAs) to asset reconstruction companies (ARCs) in FY17, sources said, adding…
With only two people in charge of vetting all loan recast decisions through the oversight committee (OC), banks believe more…
Rating agencies mark down 3,500 companies versus 1,800 upgrades, for a downgrades to upgrades ratio of 1.94.
A proposal to recast Rs 3,890 crore of loans to Soma Enterprise via the scheme for sustainable structuring of stressed…
Private sector lender IDFC Bank has put up for sale loans worth R4,000 crore to Essar Power, Unitech and Ruchi…
State Bank of India (SBI) is in a digital mode now with close to 80% of its transactions taking place…
The Rs 10,000-crore loan recast of loss-making shipbuilder ABG Shipyard has failed, bankers familiar with the development told FE, adding…
A consortium of lenders to the loss-making Air India has shelved the airline’s proposal to recast R9,000 crore of loans…
Essel Infraprojects and Shriram EPC, both eyeing a stake in Jyoti Structures, are expected to submit their bids soon, senior…
The e-auction of Kingfisher House – Kingfisher Airline’s corporate office in Mumbai – along with Kingfisher Villa in Goa will…
The last date for submission of bid application documents, EMD amount and KYC documents has been set as March 4.
After HCC, Hyderabad-based GKC Projects will be the second firm whose debt will be recast under the scheme for sustainable…
Led by State Bank of India (SBI), lenders to Athena Chattisgarh Power (ACPL) have sought bids to sell its under-construction…
Following paltry profits reported by public sector banks (PSBs) in the December quarter, the annualised return on assets (RoA) for…
According to sources, the consortium of lenders is led by UCO Bank. “Lenders had last referred a loan in March…
Edelweiss Asset Reconstruction Company (ARC) is planning to move the National Company Law Tribunal (NCLT) to seek recast of Rs…
