Searched for
LOAN HAIRCUT
NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...- Canara Bank recovers over half of ₹500 crore Rajesh Exports exposure, CEO outlines growth strategyCanara Bank has recovered over half of its ₹500 crore exposure to Rajesh Exports and is pursuing legal avenues for the remaining amount. Th...
- The billionaire shakedown: How India changed its 'default' settingsIndia's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...
- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
- Sammaan Capital sells Rs 5,000 crore loan portfolio to stressed loan aggregator ArcilSammaan Capital sold a ₹5,000 crore stressed loan portfolio to Arcil at about a 52% discount, valuing it near ₹2,400 crore in one of the la...
- Hong Kong's New World Development to reduce $1.3 billion of its debt after early bond swapNew World Development is set to slash over a billion dollars in debt. The company launched an early bond exchange offer to reduce its finan...
- Public money being stolen through 80-90 per cent haircuts in NCLT resolution cases, says Harsh GoenkaHis comments come in the backdrop of some insolvency cases being approved recently by the NCLT where creditors took heavy haircuts on their...
- Better alternatives to loan moratoriumThe concern is real, and it is imperative to address the distress in India’s small business universe that prompts such calls. But moratoriu...
- Clearing tax haze may help bad bankSenior tax practitioners believe that tax authorities should clear the fog on the issue at a time the government has proposed a bad bank to...
- Bad bank may not be a potent option to address bad loan woes: CEA Krishnamurthy SubramanianCurrently, banks sell their bad loans to ARCs as per the prudent norms of the Reserve Bank of India. Subramanian said currently 28 ARCs are...
- DHFL lenders may have to take up to 30% haircutA haircut on loan is a partial loss incurred by a creditor on the advances or deposits.
- Tycoon’s fund warns Indian realty bad-loan crisis to get messierKotak Realty Fund has asked lenders to recognize soured debt and take a haircut on the credit given to apartment builders.
- IL&FS crisis: Lenders hopeful, but stare at haircutA clutch of lenders led by BoI and SBI, and including foreign banks, have lent Rs 34,480 crore
- Banks finalising power firms' debt resolution plansLenders are preparing for more than 50% haircut as they race to meet the August-end deadline set by RBI.
- Why haircuts matter in dealing with bad loansThe reason why private and foreign banks have a lower level of NPAs is they have the flexibility to cut their losses by selling off assets ...
- BoB fails to sell Bhushan Steel, Essar Steel loansHigh reserve price and allowing only overseas investors to bid were seen as reasons for no deal.
- Stop banks from collecting loan EMIs for delayed projects: Homebuyers' group asks PMFight For RERA national convenor Abhay Upadhyay said the move will help provide such homebuyers a relief as they have to pay rent as well a...
- Resolution of Bad loans may hit banks badly: CrisilThe analysis shows that 60 per cent of the loans would fall under the Rs aggregate' category.
- Banks will have to take Rs 2.4 lakh crore haircut to resolve India's top 50 NPAs: CrisilRs 8 lakh crore of bad loans currently haunt India's banks. Hesitant lenders now drag their feet to expand their credit book due to rampant...
- Haircuts: A way to address NPAs in banking systemA haircut is the difference between the loan amount and the actual value of the asset used as collateral. It reflects the lender's percepti...
Load More
