The circular directed lenders to refer loan account over Rs 2K-cr if it's not resolved within 180 days of default.

A crafty competitor, according to him, may take advantage of the amendment to acquire or shut down a distressed competitor.

Sell Strides Shasun Ltd. at a price target of Rs 1045.0 and a stoploss at Rs 1105.0 from entry point

ICICI Bank had filed a case at the NCLT, the first under the new law, to initiate corporate insolvency resolution process on Innoventive In...

Banks may recall the loan and take recovery action at the earliest or sell non-performing assets (NPAs) to asset restructuring companies.

Mor once heir apparent to former ICICI Bank CEO, a man brimming with ideas faces resistance as many fear COO tag would make him No. 2 in RB...

RBI clarified that foreign banks planning to incorporate in the country will be exempted from paying capital gains and stamp duty.

RBI may be closer than ever in proceeding with new bank licences though it would ensure that only a few with impeccable track record get th...

Banks receiving capital support from the government will have to think twice before putting money in non-core businesses.

Securitisation law changes to allow banks 'buy' property seized from defaulting borrowers.

If implemented, this would erode one of the key elements of easy profits for banks which charge as much as 2% of the loan amount in some ca...

The Supreme Court has ruled that the banks are free to transfer their debts including non-performing assets (NPA) to other lenders. The ape...

Budget may contain provision for registry system that will avoid loan duplication.

Commercial banks and ARC are considering joining hands to standardise the process for auction of stressed assets in the banking sector, a m...

Banks will soon be in a better position to recover their dues from defaulters.

Asset reconstruction companies (ARCs) are set to lobby with banking regulator RBI to get power to change managements of defaulting companie...

Sugar prices are expected to remain under pressure, largely owing to oversupply as well as the ensuing monsoon.