Rahul Gandhi's attack on the government comes after AIBEA (All India Bank Employees' Association) released a list of 2,426 companies that have been categorised as 'wilful defaulters'

Economic fugitives Mehul Choksi's Gitanjali Gems and Jatin Mehta's Winsome Diamonds are among the top 10 defaulters which also includes ABG Shipyards, Rei Agro and Ruchi Soya

Small businesses that account for nearly one-quarter of India's $2.9 trillion economy and employ more than 500 million workers are the worst affected by the pandemic

The yield curve of Jammu and Kashmir is stabilising at a comfortable level despite lockdown and disruption of businesses.But the challenges to the state economy remains

Axis Bank, Yes Bank, ICICI Bank, Barclays Bank, IndusInd Bank, Bank of India, Aditya Birla Finance are among the lenders that issued the debt including fund-based working capital, non fund-based working capital and term loans to the company

The company is currently under moratorium under the Code (IBC) since November 29, 2019 and hence, it is not in a position to make payment of interest or principal to any of the lenders of the company, including the NCDs holders

The special draft framework recommends that the insolvency procedures against an MSME can only be triggered by the MSME itself and not by any of the creditors

Outstanding loans worth Rs 50,000 crore are attached to hotel real estate. A 50 per cent delinquency would result in Rs 25,000 crore of loans turning bad

With the post-lockdown economy still to pick up, highly leveraged companies are looking at ways to reduce debt

Burden of paying EMIs when you have suffered a job loss or a salary cut is too heavy to shoulder, in most cases putting you into a debt spiral. If it has happened with you, troubles may hit the roof if you are not careful about your credit score

Banks are extra careful in rolling out any new loans. The NPAs in the banking system is already at 9 per cent plus. The NPAs in the small loan is much higher at over 15 per cent

Fitch Ratings said the coronavirus pandemic has significantly weakened India's growth outlook for this year and exposed the challenges associated with a high public-debt burden

According to rating agency ICRA, the debt of Future Group's six listed firms increased to Rs 12,778 crore as of September 2019 from Rs 11,463 crore in March 2019

A joint report by Council on Energy, Environment and Water and National Institute of Public Finance and Policy says there's high risk of significant proportion of these loans turning into NPAs; it suggests to put in place a monitoring mechanism to track stress in loan accounts on monthly basis

Currently, the banks use credit data of TransUnion CIBIL, Experian, Equifax and CRIF Highmark before offering any loans

With the insolvency and bankruptcy law suspended, the ecosystem of professionals around it faces disruption and uncertainty

Up to Rs 40 lakh crore worth of loans of banks are under six-month moratorium. The risk of default looms large

In the same period, when the stock market was soaring, India's coronavirus cases jumped from 500 levels to a mind boggling 2.36 lakh. By next weekend, India will become the fourth largest country in terms of coronavirus cases only next to the US, Brazil and Russia

The banks such as Bank of Baroda and IDBI Bank have announced that 65 per cent of their loan book is under moratorium. The private banks have seen one third of their book in terms of value under moratorium

The real estate sector has already been stressed by a lack of liquidity for both developers and buyers due to several factors including NBFC crisis