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Thursday, April 25, 2024
TopicStressed loans

Topic: stressed loans

IDBI Bank to sell $1.4 billion of its bad loans

IDBI Bank, which has India's worst bad loan ratio, wants to sell stressed loans 'by June-end to quicken pace of clean-up exercise'.

Stressed loans worth Rs 3.6 trillion to be scrutinised on account of deadline set by RBI

This marks the latest attempt by RBI to clean up banks that are suffering from the world’s worst bad-loan ratios, ahead only of Italy. 

India is the most attractive distressed market for this debt trader

Cleaning up India’s stressed loans has been a big priority of Prime Minister Narendra Modi in order to attract investments to the country. 

On Camera

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

What is ‘ROCKS’, India’s first air-launched quasi-ballistic missile

A next generation extended stand-off air-to-surface missile test fired by IAF, ROCKS has been designed & manufactured by Israeli defence major Rafael, keeping India’s needs in mind.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.