Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay. IMAGE: Finance......
Govt asks lenders to focus on all defaulters not just high-profile ones Banks have given a stern message to companies under debt restructuring, especially steel firms: Shape up or ship out.The......
These together account for 40 per cent of bad loans of around Rs 4 trillion. With the RBI's deadline ending on Wednesday to resolve the 28 large stressed accounts that the regulator had identified......
Concerned over rising bad loans in infrastructure sector, the Finance Ministry has called a meeting of heads of public sector banks tomorrow to chalk out a roadmap for clearing bottlenecks that......
Govt continues to dither on anti-dumping duty against cheap Chinese steel imports; risk of steel sector NPAs looms large as production is unviable. The central government’s Make-in-India......