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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......

Jaitley CDR case: Court refuses to hear cop's bail plea

A Delhi court on Saturday declined to hear the bail plea of a policeman, one of the four accused arrested for illegally retrieving call details of Bharatiya Janata Party leader Arun Jaitley, saying......

Sikh groups disappointed with ATR

Disappointedat the clean chit given to Congress leaders in the government's action taken report on Nanavati commission report, an association working for the 1984 riot victims demanded the......

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......

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......

Bank NPAs are just the tip of the iceberg

With losses being reported in the current quarter and the next, the rating of many PSU banks will go below the radar and if a downgrade happens, they will find it difficult to raise resources plus......

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......

Sticking to an indebted company's stock isn't easy

It is a tough call for investors in a company that is getting into corporate debt restructuring. On the one hand, there is a sense of relief because the company will get more time and, most likely,......

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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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