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PTI
Chennai, August 30, 2018
The SBI submitted that by effecting the provisional attachment order, the ED had scuttled the frantic efforts of the banks from realising public money.


Anand Adhikari
New Delhi, August 6, 2018
The government has given signal to banks to try out yet another resolution approach, including AMC-AIF, for dealing with growing stressed assets. Will it work?


Prosenjit Datta
New Delhi, August 6, 2018
The bad loan problem for Indian banks has defied solutions despite multiple efforts by the government and the Reserve Bank of India (RBI) over the years.


BusinessToday.In
August 1, 2018
The bill - Insolvency and Bankruptcy Code (Second Amendment) Bill 2018 - aims at giving relief to the homebuyers by recognising them as financial creditors, a status that will make them an integral part of  Committee of Creditors while dealing with bankruptcy cases.


Prosenjit Datta
New Delhi, July 19, 2018
The true extent of the NPA problem only started becoming clear once then RBI governor Raghuram Rajan initiated the Asset Quality Review (AQR) in 2015


BusinessToday.In
June 22, 2018
The banking sector's bad loan problem as well as the recent instances of bank frauds has seen the investigative agencies unleash a spate of high profile arrests.


Dipak Mondal
New Delhi, April 16, 2018
Promoters who default are taking advantage of new IBC provisions and misusing them to escape action under older laws.


Niti Kiran
New Delhi, April 10, 2018
Minister of State for Finance Shiv Pratap Shukla in a written reply in the Lok Sabha revealed that as of December 2017, 2,108 FIRs were registered against wilful defaulters.


PTI
April 4, 2018



BusinessToday.In
New Delhi, April 4, 2018
West Bengal CM Mamata Banerjee accuses govt of shielding loan defaulters; asks govt to come out with the names of defaulters


PTI
April 3, 2018



Anand Adhikari
New Delhi, April 2, 2018
India's biggest distressed asset investor, Rashesh Shah of Edelweiss Group, has accumulated the largest pile of bad loans - over Rs 90,000 crore. Will his gambit succeed?


BusinessToday.in
March 1, 2018
Facing criticism from opposition for not being able to stop the PNB fraud accused Nirav Modi from escaping the country, the Cabinet on Thursday approved the Fugitive Economic Offenders Bill.


BusinessToday.in
New Delhi, February 27, 2018
The govt is trying to push for Fugitive Economic Offenders Bill 2017 to target offenders like Nirav Modi and Vijay Mallya


PTI
February 21, 2018



PTI
February 20, 2018



Hari Hara Mishra
New Delhi, February 4, 2018
With growing stress in balance sheets of stressed companies and that of large banks, role of Asset Reconstruction Companies (ARCs)- envisaged as an institutional response to tackle growing NPAs-  have come into sharper focus.


Joe C Mathew
New Delhi, December 22, 2017
Non banking finance companies (NBFCs) have sought parity in treatment with banks and other financial institutions on matters related to taxation, refinancing and recovery proceedings.


Prosenjit Datta
New Delhi, December 11, 2017
For the big 12 debtors that the banks referred to the NCLT at the Reserve Bank of India's (RBI) behest, there is still a fair amount of interest from bidders.


Anand Adhikari
Delhi, November 13, 2017
Armed with war chests, global distressed funds are eyeing troubled assets in India.


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