Stressed Loans

IndoStar Capital invites counterbids to sell Rs 357 cr of stressed loans

The Mumbai-based shadow lender intends to complete the sale of the stressed assets by August 27

NESFB offloads stressed micro-loans over Rs 500 cr to clean up books

To raise fresh capital upto Rs 200 crore

Top Headlines: Byju's focus on profit; YES Bank sells stressed loans

After reporting a loss of Rs 4,588 crore in 2021 fiscal, Byju Raveendran, the founder and CEO of the world's most valuable edtech firm Byju's, has told employees

Yes Bank approves sale of Rs 48,000 cr stressed loans to JC Flowers ARC

Former RBI Deputy Governor R Gandhi appointed as Yes Bank's non-executive chairman

NARCL to start operation with Rs 50,000 cr stressed loan by Sep: PNB MD

In September last year, the government had announced a guarantee worth Rs 30,600 crore to security receipts issued by NARCL. The guarantee will be valid for five years

YES Bank, JC Flowers in pact for ARC in bid to seal largest ever NPA deal

This is being termed the single-largest bad loan deal

Got all approvals to set up bad bank: SBI chairman

By current assessment, lenders have a total of 38 accounts involving aggregate loans of Rs 83,845 cr, which have been identified for transfer, says Dinesh Kumar Khara

IFSCA sets up panel for creating framework for transfer of stressed loan

The International Financial Services Centres Authority on Friday sets up a committee for creating a framework for transfer of stressed loans from domestic lenders to financial institutions in IFSC.

Strict norms to push NBFCs bad loans by 1.6-1.8% by March 2022: Icra

An increase of up to 80 basis points is expected in the case of housing finance companies, taking the NPA level to 3.8%

Top headlines: RBI holds rates, Pfizer withdraws vaccine application & more

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New credit guarantee scheme will help India Inc revive, expand: CEOs

Say stimulus measures will spur economic activity, especially in construction and infra sector

Axis Bank: Overall numbers better forecast, rising stressed loans tricky

Overall numbers bettered expectations, rising pool of stressed loans may be the tricky aspect

Banks bracing up for a massive spike in stressed loans after SC AGR order

Say loans may not immediately turn into bad debt, but a big chunk of it eventually could

Banks, bankers may face fines for poor progress over RBI's June 7 circular

The fresh set of guidelines, which will usher in a stricter compliance regime, is in the works and could be in the public domain by end of March

Lenders may miss RBI's six-month deadline to approve debt-resolution plans

Resolution plans were to be implemented within 180 days from the end of the one-month review period

Every 'torpedo' fired hit us: YES Bank on stressed loans situation

Gill exuded confidence that the bank does not see any jump in this book in the future, but conceded that it was keeping a similar outlook earlier as well.

Revised norms on bad loans to buoy improvement in credit culture: RBI Guv

The new framework makes inter-creditor agreements mandatory and provides for a majority decision to prevail, he said

RBI issues new guidelines on bad loans, replaces one-day default rule

Lenders will have to submit weekly report of instances of default by all borrowers with aggregate exposure of Rs 5 crore and above

Stressed loans: SC cases may set stage for power sector insolvency

In the February 12 circular, issued to all banks and financial institutions, RBI withdrew all earlier debt restructuring schemes

Stressed bank loans at Rs 9.5 trn in Dec, PSB loans account for Rs 8 trn

Private sector lenders' stressed loan pile was about Rs 1.1 trillion, or 4.6% their total loans