If global history is any indication, it is high time for India to think out of the box or borrow tested global models. Many experts feel that setting up a bad bank will be a bold and radical idea.
Decisive and swift action in the form of systemic reforms is needed to deal not only with the stock of existing NPAs but also to arrest their creation
As more and more residential properties remain unsold, companies and PE players may have to rethink strategy.
Global sovereign funds and private equity players are showing immense interest in India's commercial real estate segment.
The Business Today-Money Today Financial Awards are given out every year to recognise and honour the best companies in the financial sector. India's Best banks
"Debt waivers create a moral hazard from a credit repayment perspective and we cannot have omnibus waivers," chairman Harsh Kumar Bhanwala said, a week after the UP government announced a Rs 36,000-crore farm loan waiver package.
The acquisition of Lloyds consumer durables business gives Havells an entry into this high-growth segment. But the company has a challenging task ahead if it has to compete with MNCs and other home-grown biggies.
Rising exposure under the Mudra scheme can leave banks more vulnerable than before.