The Executive Director (commercial vehicles) says the competition is growing in CV business with the entry of global players and the company targets to grow 15 per cent annually until 2020 in the segment.

Our cover story this issue looks at the players in distressed assets business and how the market is shaping up.

Several factors are driving this flourishing trade in bad assets. But the biggest trigger came in November 2013 when RBI Governor Raghuram Rajan, in a strongly worded exhortation, asked the banking system to clean up its act.

RBI said firms' solvency ratios and ability to service debt, measured by their interest coverage ratios, had worsened.

Experts say it is the right time for end users to get into the market as buyers may get a good deal due to low demand.

Raghuram Rajan said that the bad loans scenario may have not have peaked in India's banking sector.

Indian banks, hoping to offset a slow recovery in corporate lending, are pushing into credit cards and personal loans, using blanket advertising and cold call campaigns to lure customers.

The outlook upgrade by Moody's is a validation of all that the Narendra Modi government has engineered these past 11 months.

Corporate India's borrowings have more than doubled in the past four years. Its debt woes in the midst of a slowing domestic economy have far-reaching consequences.

Retail lending, which shrank following the downturn since late 2008, is growing again as a number of banks are once again actively seeking borrowers in untapped areas.

A UBI official says the bank had given HPL a loan of Rs 275 crore earlier and the account has already become an NPA.

Bigger PSU lenders such as Bank of Baroda, Punjab National Bank and Union Bank have also seen their bad loans rising in the December quarter.

And they have just four years to do so. The list includes State Bank of India, Punjab National Bank and Canara Bank.

Some analysts and politicians say Greece 2.0 wouldn't be as rough on the eurozone as the original Greek crisis and default in 2010-2012. They claim the currency bloc has new safeguards.

While demands continued to pour in from the government and the industry for a rate cut, the Reserve Bank of India Governor held onto the RBI's fight against inflation.

The move piles pressure on Vijay Mallya who is also being pursued by domestic banks for not meeting loan-repayment obligations linked to his Kingfisher Airlines.

With education institutes mushrooming in the country, it is advisable to calculate your return on investment before enrolling into one.

The figures confirm that companies in the capital goods, metals and infrastructure sectors have been hit the hardest, along with those in drugs and pharmaceuticals.

We talk about the most common mistakes that people make while saving and investing for life post retirement and how these mistakes can be corrected through timely action.

CBI sources said the bank has failed to provide convincing answers on reasons to extend the loan to the crisis-ridden company.