scorecardresearch
Friday, August 8, 2025
TopicBad Loans

Topic: Bad Loans

SEBI, ED and CBDT – the new hurdles in Modi govt’s war on bad loans

A spate of legal challenges mounted by SEBI, ED & CBDT are derailing a 270-day resolution deadline set by the insolvency law.

State-run banks’ troubles increase as number of wilful defaulters goes up 14% in one year

Finance Minister Nirmala Sitharaman tells Parliament that the number of wilful defaulters who owe money to public sector banks has risen to 8,582 from 7,535.

ICICI and Axis bank hit after cut to junk

Performance of Indian banks has largely bottomed out but the sector is still addressing poor asset quality and weak core capitalization.

Modi govt’s MUDRA is feeding dreams of your local beautician, grocer… and bad loans

Launched in April 2015, MUDRA has managed to meet the aspirations of entrepreneurs across India. But it may also be fuelling an NPA crisis.

Supreme Court striking down RBI circular will alter India’s financial & judicial landscape

Supreme Court has made bankruptcy code the RBI’s second option for resolving bad loans, and abandoned the long-held ‘expert body doctrine’ in jurisprudence.

RBI will issue new circular on stressed assets without ‘undue delay’: Shaktikanta Das

Two days after Supreme Court quashed RBI’s 12 February circular, governor Shaktikanta Das says ruling doesn’t question central bank’s powers.

Essar case shows Bankruptcy Code is another Indian law ruined by endless litigations

The right measure to evaluate the IBC is not the yardstick of what happened under SICA or DRT laws, but what is happening now – a 270-day deadline for resolving cases.

India’s crony capitalism claims another victim — the RBI

There has been a gradual weakening of the RBI, which is a great shame since in the brief time it got to play bad cop, the central bank did some good police work.

SC ruling on bad loans is a bounty for 70 tycoons with $55 billion outstanding debt

SC order striking down RBI circular will give tycoons more room to negotiate loan repayments with lenders even after payments become overdue.

Edelweiss raises $1.3 billion to profit from an unprecedented bad-loan clean up in India

The company will use the funds to buy and turn around stressed assets

On Camera

US has misread India. New Delhi will hedge, push back, and assert

India’s foreign policy today is driven less by Western alignment or global liberalism and more by domestic political imperatives — economic, ideological, and electoral.

Smartphones, gems, pharma: Which Indian exports will be worst hit by Trump tariffs, which will be spared

Electronics—specifically smartphones—& energy & pharma products make up 30% of Indian exports to US. 25% tariff on India came into effect Thursday, extra 25% to kick in by August-end.

Pakistan army chief Asim Munir to attend CENTCOM chief’s farewell, second visit to US in two months

Munir was earlier in America in June when he had a two-hour luncheon meeting with the US president at the White House.

Pakistan, Dhaka have played Washington well. Back home, Modi ecosystem has an inner conflict

To protect ourselves from Trumpian diplomacy, first we must introspect the bipolarity within our establishment discourse.