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One-stop solution to bad loan menace is 'legally born'
NARCL has been set up with an authorised capital of Rs 100 crore and classified as a "Union government company", the RoC filings showed
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Canara Bank to be lead sponsor of bad bank
Various public sector banks (PSBs) have also announced that they have earmarked a significant portion of their NPAs to be transferred to NARCL
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Private ARCs moving to retail loans as national bad bank nearing reality
The pandemic-hit FY21 has seen tepid growth for ARCs, but retail loan portfolio grew faster, adding at least 25% more to AUM
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Banks, NBFCs need to augment their capital: RBI Governor Shaktikanta Das
RBI Governor Shaktikanta Das said he was confident that the non-performing loans of banks will be within the projections made in its Financial Stabili
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Covid-19: Is it financially wise to restructure your loan?
Every retail borrower waiting to restructure loans should take a close look at the bank’s policy. By opting for moratorium or extended tenor, you wi
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AU Small Finance Bank asset quality detoriates, audit officer exit; what does it mean to you?
Nomura believes that the bank will have to slow down its growth, given the uncertain environment, and will need to demonstrate stable asset quality be
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Small finance banks are quietly making a place in stock markets
Of the four banks listed in the market, more than half the buyers are taking deliveries
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Taking a loan? RBI has a message for you
Most people took advantage of the moratorium period announced during covid-19 outbreak and stopped paying EMIs
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Raghuram Rajan worried about COVID-19 impact on poor and small firms
He said when the economy shrinks 8%, as it did in fiscal 2021, any rebound because of the end of lockdown coupled with ordinary growth and some pent-u
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Indian economy on ‘upswing’; government set to spend more along with pro-growth reforms: Arvind Panagariya
The eminent economist described the government's decision to privatise two public sector banks next fiscal as an "unprecedented" effort to "finally ri
