Saturday, 25 June, 2022
TopicBad debt

Topic: bad debt

Why RBI has picked KV Kamath to restructure loans and kick the can down the road

Fear of probe agencies investigating bad loans left a deep scar on banking officials, raising their risk-averse nature to lending. RBI wants Kamath panel to take care of those fears.

Why lower borrowing costs can’t save India’s crisis-hit NBFCs

Worries are mounting that bad debt at NBFCs may rise as the world’s strictest lockdown hammered India’s business and left millions jobless.

Bangladeshi banks are struggling with a bad debt problem & it only threatens to get worse

Bangladesh’s central bank introduced an amnesty program to help delinquent borrowers clean up their books but this is threatening to overwhelm banks.

Eleven stocks, $14 billion erased: A looks at India’s debt woes

The impact of the credit crisis is spreading as founders of most of the companies with dues are selling businesses to survive.

NCLTs, meant to resolve the bad debt mess in days, are understaffed and overburdened

The NCLTs have helped resolve insolvency & bankruptcy proceedings involving more than Rs 80,000 crore in 2018, but many big-ticket cases drag on.

NBFC crisis is over but problem remains, says HDFC Bank chief Aditya Puri

The worst of the NBFC problems are over but it will be another 12 to 18 months before liquidity issues are resolved, HDFC Bank’s Puri says.

Bad debts & NPA have declined while loan recovery has picked up: FM Jaitley

He also said that recoveries, lending ability of banks and credit growth are all improving.

Deep in debt, Videocon blames Modi’s India, Supreme Court and Brazil

State Bank of India filed an insolvency petition against Videocon. The TV maker filed an appeal to get back control, blamed India and Brazil for bad debt pile.

Scandals, bad debts at Indian banks threaten economic outlook

India’s nearly $1.7 trillion formal banking sector is coping with $210 billion of problem loans, and some regional banks have been ensnared in fraud scandals.

On Camera


A Wimbledon court | Twitter/Wimbledon

Not Russia, a point-less Wimbledon 2022 affects young tennis players most

Young underdogs have often defeated tennis titans. But Wimbledon 2022 removing ranking points sets them back instead of making a geopolitical impact.
Credit: ThePrint team

‘All about helping Rajni’ — tech gurus at iSPIRT quietly power India’s digital revolution

With the fictitious Rajni from rural India as its guiding light, iSPIRT has been using internet & software to change structure of country’s economy, with aim to improve quality of life.


The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.