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  1. Business News
  2. Authors
  3. vishwanathnair

Vishwanath Nair

Bottomless pit of bad loan recasts may gobble up Rs 15,400 cr in Q2

The queue of corporates asking for lenient repayment terms gets longer

By Vishwanath Nair
August 7, 2013 23:42 IST
Rs 10k-cr loans sent to CDR cell in July

RBI?s tough recast norms may hit banks? bottomline by R13,000 cr in 2 yrs: Experts

By Vishwanath Nair
August 6, 2013 03:41 IST
Banks throw Maheshwar hydro another lifeline

Power Finance Corporation is the biggest lender to the project with an exposure of Rs 700 crore.

By Vishwanath Nair
August 3, 2013 05:20 IST
Next few quarters expected to be extremely difficult

Shriram Transport has reported a meagre 6% y-o-y increase in net profit for the April-June quarter on a difficult business…

By Vishwanath Nair
July 24, 2013 03:15 IST
CDR queue gets longer with Electrosteel, Soma

Two companies seek to rework a combined R16,000 cr of loans.

By Vishwanath Nair
July 10, 2013 22:02 IST
Gitanjali tries FD route as loan plea leaves banks cold

Lenders to Gitanjali Gems are reluctant to heed a request from the company to convert a part of the non-fund…

By Vishwanath Nair
July 4, 2013 00:12 IST
Yes Bank row hangs fire as HC defers hearing

The Bombay High Court on Monday deferred a hearing in the dispute between Yes Bank and Madhu Kapur, wife of…

By Vishwanath Nair
July 2, 2013 14:51 IST
On D-Day, microfinance firms, NBFCs jostle for bank licences

With Monday being the last day for putting in applications for a bank licence, it?s not just large corporate houses…

By Vishwanath Nair
July 1, 2013 21:57 IST
Weakness in commercial line not a good sign: Tata AIG General Insurance

Tata AIG General Insurance will continue to battle a number of issues: Kaushal K Mishra

By Vishwanath Nair
June 26, 2013 04:45 IST
Shagun Kapur Gogia files papers for Yes Bank board director ahead of June 27 meet

Gogia is currently locked in a court battle with bank for a seat on seven-member board of Yes Bank.

By Vishwanath Nair
June 19, 2013 01:26 IST
Bankers meet next week to take stock of Winsome loans

The consortium of 15 lenders to Winsome Diamonds is likely to meet next week.

By Vishwanath Nair
June 15, 2013 02:59 IST
At least one SBI-associate bank merger by year end

India’s largest bank is currently evaluating which of its subsidiaries would be the right candidate.

By Vishwanath Nair
June 14, 2013 01:22 IST
SBI plans to scrap bulk deposits

Chairman says bank not to cut deposit rates from 8.75% as that will hit it badly

By Vishwanath Nair
June 13, 2013 02:19 IST
Fewer foot steps on CDR street

The fall in loan recast by the corporate debt restructuring (CDR) cell in May could be the start of a…

By Vishwanath Nair
June 11, 2013 00:56 IST
Bilateral loan recasts beat restructuring through CDR route

Large banks have done a fair bit of loan restructuring via the bilateral route in the last couple of years,…

By Vishwanath Nair
June 10, 2013 20:41 IST
Recast falls sharply in May to R804 cr; only 3 cases okayed

Loan recast by the corporate debt restructuring (CDR) cell fell sharply in May to R804 crore against R5,848-crore cases approved…

By Vishwanath Nair
June 5, 2013 01:47 IST
Deposit exodus spurs banks to restore rates

Leading public sector lender Bank of India (BoI) lost nearly R9,000 crore in deposits in a matter of five weeks…

By Vishwanath Nair
May 31, 2013 01:42 IST
Loan repricing, pullback in NPAs helped NIM expansion

LIC Housing Finance expects margins to remain stable in FY14 even as the company move towards higher yielding loans,

By Vishwanath Nair
May 31, 2013 00:44 IST
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Trade deal with US ready, to be signed at right time: Official

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