Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay. IMAGE: Finance......
These together account for 40 per cent of bad loans of around Rs 4 trillion. With the RBI's deadline ending on Wednesday to resolve the 28 large stressed accounts that the regulator had identified......
Govt asks lenders to focus on all defaulters not just high-profile ones Banks have given a stern message to companies under debt restructuring, especially steel firms: Shape up or ship out.The......
Concerned over rising bad loans in infrastructure sector, the Finance Ministry has called a meeting of heads of public sector banks tomorrow to chalk out a roadmap for clearing bottlenecks that......
Govt continues to dither on anti-dumping duty against cheap Chinese steel imports; risk of steel sector NPAs looms large as production is unviable. The central government’s Make-in-India......