Finance Ministry to review PSBs performance today, Secretary Nagaraju will chair high-level meetThe Department of Financial Services is holding a major meeting with Public Sector Banks today. The focus is on strengthening digital banki...
29 May, 2026, 12.30 PM IST
JM Financial ARC top bidder for Rs 971-cr DLI debtJM Financial ARC has emerged as the preferred bidder for Distribution Logistics Infrastructure Pvt Ltd's Rs 971 crore debt, offering Rs 621...
27 May, 2026, 08.46 AM IST
Adani Group pays Rs 6,000 crore to Jaiprakash lenders in first tranche of Rs 14,535 crore planAdani Group has made a significant payment of ₹6,000 crore to lenders of Jaiprakash Associates. This marks the first installment of a ₹14,5...
23 May, 2026, 01.16 AM IST
Banks casual in granting big loans, strict with small borrowers: SCThe Supreme Court has noted a troubling trend where banks like State Bank of India are casual in sanctioning large corporate loans. However...
22 May, 2026, 01.17 AM IST
IBBI issues new guidelines to speed up appointment of insolvency professionalsThe Insolvency and Bankruptcy Board of India has released new rules for insolvency professionals. These guidelines aim to speed up appointm...
19 May, 2026, 11.28 PM IST
NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...
14 May, 2026, 02.12 PM IST
Bombay HC quashes FIR against Sashidhar Jagdishan, calls it ‘abuse of criminal process’The Bombay High Court has quashed a police complaint against HDFC Bank MD Sashidhar Jagdishan. The court found the FIR to be a counterblast...
06 May, 2026, 05.13 PM IST
HC quashes Lilavati Trust's bribery case against HDFC Bank CEOThe Bombay High Court has dismissed a bribery case against HDFC Bank MD Sashidhar Jagdishan. The court ruled the complaint was a reaction t...
05 May, 2026, 05.34 PM IST
Finance Ministry seeks faster disposal by DRTs, holds talks"Key areas of discussion included strengthening oversight and monitoring mechanisms within banks to enhance recoveries through DRTs, priori...
03 May, 2026, 12.33 AM IST
India’s banking system turns sluggish amid loan recovery delays and legal hurdles: CII reportIndia's banking sector needs urgent reforms. The Confederation of Indian Industry's report highlights slow loan recovery and complex laws. ...
27 Apr, 2026, 04.12 PM IST
Insolvency law not a recovery mechanism, Supreme Court reiterates in key IBC rulingIn a landmark decision, the Supreme Court has clarified that insolvency law is not intended for the mere pursuit of debt recovery. It highl...
23 Apr, 2026, 11.37 PM IST
Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from EdelweissOmkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...
20 Apr, 2026, 06.17 AM IST
Sadbhav Lenders turn down NARCL offer, settle it out of courtSadbhav Engineering lenders have chosen an out-of-court debt restructuring. This decision bypasses an offer from NARCL. A consortium-led pl...
06 Apr, 2026, 12.51 AM IST
Finance Ministry urges banks, DRTs to speed up debt recoveryThe finance ministry has asked banks and debt recovery tribunals to collaborate, aiming to expedite case resolutions and enhance capital re...
24 May, 2025, 11.26 PM IST
Budget 2024: More debt recovery tribunals on the tableBudget proposals target insolvency and debt recovery improvement, enhancing Debt Recovery Tribunals and adding platforms. Sitharaman report...
23 Jul, 2024, 11.44 PM IST
Debt Recovery Tribunals in dire straitsConceived as saviours to banks, these tribunals feel the pinch of inadequate infrastructure & funds, staff shortage and red tape
09 Jun, 2014, 12.46 PM IST
- Tribulations of debt tribunals
Debt tribunals, instead of speeding up recovery, end up like the courts: Tied up
15 Apr, 2011, 06.26 AM IST