Page 16 - Bad Loans

India's 'dirty dozen' debtors lure big funds to bad loans

The country's new insolvency code that took effect in 2016, will help open the market for soured loans

Oriental Bank put under central bank's corrective action over bad loans

The bank posted a net loss for the June quarter, with net NPA rising to 9.56%

IBC an ideal tool for solving bad-loan issue

IBC is expected to have a significant impact on the conduct of business in the country

Sebi asks India Inc to inform bourses on loan defaults in one working day

Capital market regulator Sebi on Friday made it compulsory for listed companies to make a disclosure to stock exchanges if they default on interest or principal payment obligations to banks. The move is aimed at keeping maintaining transparency and keeping investors informed.At present, under the Sebi's Listing Obligations and Disclosure Requirements (LODR), companies have to make specific disclosures if there is a delay or default in payment of interest or principal on debt securities, such as non-convertible debentures, listed non-convertible redeemable preference shares, foreign currency convertible bonds (FCCBs).However, there is no stipulation on companies to make disclosures with regards to loans taken from banks and financial institutions. This is despite most of companies relying on bank loans.Sebi said companies will now have to make disclosures with pertaining to defaults on debt securities such as commercial paper, medium term notes (MTNs), bank loans and external ...

Debtors can't be allowed to paralyse banking system, says Arun Jaitley

Mostly, companies themselves have filed petitions to restructure themselves

Sebi asks banks to report divergence in bad loans

Directive follows an RBI circular that asked banks to disclose divergence in asset classification

Buy bad loans along with groceries online

Alibaba-owned site offers customers in China distressed debt at hefty prices

Bad loans: The bungling and farce continues

In mid-June, the RBI wanted 12 select cases of bad loans be fast-tracked at NCLT

Resolution of bad loans 'primary focus' of Modi govt: Principal Eco advisor

The RBI identified 12 biggest defaulters to initiate bankruptcy proceedings on Tuesday

RBI almost done with list of bad loans for resolution via bankruptcy: FM

Last month, the govt tweaked its laws to help tackle a record $150 bn in troubled bank debt

RBI begins talks with stakeholders on debt recast plan

No timelines specified but there is a definite sense of urgency

Bad loans crisis: RBI to expand oversight committee, rating agencies role

Reserve Bank action plan to expand role of rating agencies

23 ARCs snap up Rs 2.44 lakh crore bad loans from banks so far

Resource constraints at ARCs is also another prime reason for the dip in the sales

SBI bad loans balloon, post-merger provisioning may rise

SBI's gross NPAs in December 2016 were at Rs 1.08 lakh crore, an increase by 48.6% from Rs 72,792 cr

Too bad Air India: FinMin pours cold water on SPVs for bad loans

Ministry argues entity's debt should be serviced by internal resources; govt should not pay for them

State-run banks' bad loans surge by Rs 1 lakh cr in Apr-Dec

Public sector banks' gross bad loans stood at Rs 5,02,068 crore at the end of 2015-16

How India is trying to tackle its bad loans problem

RBI Deputy Governor Viral Acharya has proposed setting up 'bad bank'

Bad loans: SC concerned over lack of infrastructure at DRTs

It was hearing the PIL that said about Rs 40,000 crore of corporate debt was written off in 2015

Banks refute BBB Chairman's claims on bad loan clean-up

Vinod Rai says banks not doing enough to clean up the NPA mess

LS clears Bill for speedy recovery of bad loans

The Sarfaesi Act creates a central registry to maintain records of transactions related to secured assets