New loan sale rule to give Rs 20k-cr lift to bank profitsThe Reserve Bank of India (RBI) allowed lenders (on Saturday) across the spectrum and ownership types to reverse excess provisions in their...
31 Mar, 2025, 12.50 AM IST
RBI green lights ARCs listing plans, opens new capital avenueThe Reserve Bank of India has allowed asset reconstruction companies (ARCs) to raise equity capital by listing their shares in the market, ...
11 Feb, 2025, 07.40 PM IST
Asset Reconstruction Companies seek nod to tap capital markets for equityAsset Reconstruction Companies (ARCs) in India seek the Reserve Bank of India's intervention for permission to raise equity capital from th...
17 Jan, 2025, 12.39 AM IST
Pre-pack insolvency a success for five companiesThe Pre-packaged Insolvency Resolution Process (PPIRP) settled operational creditors' claims in five cases. Introduced under the Insolvency...
24 May, 2024, 12.38 AM IST
SC's IBC ruling to boost recoveries"The recent ruling has potential to improve the recovery in existing written-off accounts, many of which are through the bankruptcy code, a...
18 Nov, 2023, 12.36 AM IST
Retail, MSME bad loans match ARCs' corporate purchasesARC executives say the trend may pick up pace and is likely to continue for at least two years. "Now with the NARCL in the picture most of ...
22 Aug, 2023, 12.31 AM IST
India's bad loan firms call for rule change to boost marketThe proposed changes would increase the types of entities who trade instruments called Security Receipts, which are backed by non-performin...
10 May, 2023, 02.32 PM IST
Insolvency Board proposes amends in liquidation process, increases transparencyThe proposed amendments include capping revisions on bids to two times, banning unsolicited bids and empowering the Committee of Creditors ...
30 Aug, 2021, 12.47 PM IST
RBI to set up task force to review working of asset reconstruction companiesReconstruction companies have in the past requested the RBI to issue guidelines regarding eligibility of ARCs to act as Resolution Applican...
08 Apr, 2021, 07.29 AM IST
Why Budget proposal for setting up of a bad bank is a good ideaFinance minister Nirmala Sitharaman announced an asset reconstruction company (ARC) will be set up to consolidate and take over the existin...
02 Feb, 2021, 01.50 AM IST
Bad bank move will quicken NPA resolutionThough no details are available on how much capital the government plans to allocate to this new asset reconstruction company, bankers welc...
01 Feb, 2021, 05.23 PM IST
RBI norms may slow asset sales by ARCsAccording to UV ARC director Hari Hara Mishra, while the move to enhance disclosure and transparency in ARC operations is welcome, implemen...
17 Jul, 2020, 09.32 AM IST
How COVID-19 hits bad loan businessState Bank of India, Bank of Baroda, IDBI Bank, Bank of India, HDFC Bank, Union Bank of India, Allahabad Bank, and L&T Finance are some of ...
07 Apr, 2020, 09.25 PM IST
Avoid bankruptcy trial for companies with minor defaults: FinMinThe finance ministry has issued an advisory to the Indian Banks’ Association (IBA) asking it to avoid referring companies with loans defaul...
18 Feb, 2020, 08.06 AM IST
Change in Sarfaesi Act to give priority to secured creditorsSarfaesi Act was framed to identify and rectify the problem of non-performing assets.
30 Dec, 2019, 10.30 AM IST
Essar order a breather for 535 corporate debtors facing liquidation by DecemberUnder the SC ruling, NCLT can grant an extension for debtors facing liquidation
18 Nov, 2019, 08.23 AM IST
Amendment to IBC will help small stakeholders but delay resolutionThe revised Act says the corporate debtor can file insolvency commencement petition only if its shareholders pass a special resolution.
11 Jun, 2018, 08.03 AM IST