scorecardresearch
Wednesday, August 13, 2025
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

US bullying spurred Green Revolution. Let tariffs give us a Business Revolution

Perhaps the present crisis and trauma can force our country into something resembling that special moment we found in the sixties. Perhaps we can radically alter our business environment.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

India expands Southeast Asia defence footprint with new joint venture in Philippines

Memorandum of understanding between SMPP and ADFC was signed during state visit of Philippines’ President to India earlier this month.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.