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Cong questions delay in FIR against ABG Shipyard in duping 28 banks

The Congress on Sunday accused those sitting in the highest echelons of power in the Narendra Modi government of complicity, collusion and connivance in what it described as "India's biggest bank......

Debt restructuring plans flood banks

The financial sector is beginning to bear the brunt of deteriorating quality of corporate debt. The corporate debt restructuring mechanism set up to help companies unable to repay liabilities has......

The 5 wise men who will decide corporate loan recast

Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay. IMAGE: Kundapur Vaman Kamath, former ICICI CEO......

Banks for loan recast flexibility

Banks and financial institutions are seeking more flexibility in dealing with commercial and industrial loan accounts, which are seeing pressure due to cash flows and repayment. Lenders take up......

Govt, RBI may introduce gradation system to deal with bad debts

Banks to get more aggressive and act like PE investors The government and the Reserve Bank of India (RBI) could introduce a gradation system in loan restructuring to deal with bad debts. All......

Why India needs bankruptcy code urgently

A front-page item in the June 14 edition of this newspaper ("Infrastructure companies' debt woes worsen") indicates that the debt burden of several Indian infrastructure companies has risen to......

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World Test Championship 2023

India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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