Bad banks as a concept works efficiently when the domestic debt market is deep and the number of market participants is wide enough to allow sufficient price-discovery and market-making

Virmani lists out 14 major reforms carried out by the Modi government, while also mentioning that six more were pending to be implemented in the current financial year

Apart from rise in financial frauds in private companies in India, recent years have also witnessed a rise in the role of shell companies and tax havens in their operations, raising further concerns about illicit operations

Changes in RBI mandate, new infra financing models and rules for new-age banks can rev up the banking engines

The objective is on one hand to enforce a lockdown to curb the spread of the virus and on the other hand to ensure that our country can navigate through the challenges brought about by such lockdown by maintaining essential goods and services

As corporate India tries to find its feet within the new normal that is emerging, it is clear that our securities markets will continue to battle old problems, now clothed in new garb

Covid-19 pandemic was like a bold from the blue. Over the last seven years, the banks had braved the first of its kind balance sheet clean up with RBI's asset quality review for stressed loans

Consolidation, new leadership at top private banks and newer growth areas in retail are set to build the foundation for the banking industry. The 24th edition of BT-KPMG Best Bank Study celebrates the success of banking and fintech stars

Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long

Going forward, in the Budget, the government should focus on taking small steps to address the overall supply side hurdles and ensure more stringent governance norms

All eyes will be on the budget 2020 with expectations that the government will do what it takes to get the economy back on track

Among the financial creditors, the country's largest lender, State Bank of India, including SBI Singapore, submitted the highest claim of Rs 10,082.90 crore

Third-largest pure play mortgage player is the first non-banking financial company or housing finance company to face the corporate insolvency resolution process

Under the stewardship code, every institutional investor needs to formulate a comprehensive policy on the discharge of their stewardship responsibilities, publicly disclose it, review and update it periodically

Corporates' debt dsitress has led to a mostly muted scene on India's corporate deal street this year, after a blockbuster 2018, while economic slowdown fears further came in the way for any significant merger and acquisition deals

More tribunals, more resolution professionals, a higher threshold for the default process to set in from the current level of Rs 1 lakh and streamlining of the appeal process to cut down delays are needed to make the Insolvency and Bankruptcy Code (IBC) more efficient

DHFL is one of the biggest defaulters in the country that owes over Rs 1 lakh crore (over $14 billion) to its debtors

DHFL is the first Housing Finance Company (HFC) or non-banking finance company (NBFC) to be sent to the bankruptcy court

Alibaba has also chosen the stock code 9988 for its listing, which for Chinese speakers combines two of the luckiest numbers, together symbolising long-lasting prosperity

In a codeshare agreement, Qatar will possibly guarantee a minimum number of passenger traffic (or seats) every week to IndiGo which is doing direct flights from seven domestic airports - Delhi, Mumbai, Hyderabad, Chennai, Kozhikode, Kochi and Kannur - to Doha at the moment