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Sunday, February 22, 2026
TopicAltico Capital

Topic: Altico Capital

Apollo, Varde pull out of bidding race for shadow lender Altico Capital

Both the firms pull out because they were unwilling to meet creditor demands to inject as much as Rs 2,000 crore of fresh equity into Altico.

Credit crisis is easing for India’s safest corporate borrowers

Spreads on top-rated corporate bonds have dropped back near where they were when the IL&FS crisis began in September last year.

India’s bad loans crisis is turning into a snatch-and-grab jungle raj

Opportunistic behaviour will worsen India’s Rs 14 lakh crore bad loan crisis & limit the recovery for lenders and threaten depositors.

Credit rating companies are still missing big defaults by Indian firms

Defaults at DHFL, Cox & Kings and Altico Capital have occurred even as their long-term ratings indicated very low to moderate risk of non-payment.

Altico Capital is latest NBFC to default on debt repayment & add to India’s credit crisis

Altico Capital, which focuses on lending to the real estate sector, didn’t pay Rs 199.7 lakh crore of interest on borrowings from a UAE bank.

On Camera

Youth Congress, your foolish protest helped the Modi govt climb out of the AI summit hole

In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

MoD, IAF agree on some exemptions to HAL for Tejas Mk1A, but no compromise on ‘must-have’ capabilities

IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.