Resolution ecosystem to get a fillip with new rulesThe RBI is working to establish necessary recognition and resolution measures and is working on the proposed securitisation of stressed ass...
31 May, 2023, 06.32 AM IST
Country's economy is booming after second COVID wave, that's what we have read: Supreme CourtAdvocate Vishal Tiwari, appearing in a batch of petitions said that despite the top court's order of September 3, 2020 that the accounts wh...
03 Sep, 2021, 07.50 PM IST
COVID-19 related disruptions raise concerns over NBFCs retail loans: Study"The rising COVID-19 cases in April 2021 has again raised concerns on the asset quality of the retail loans of NBFCs and HFCs given the inc...
22 Apr, 2021, 07.23 PM IST
High NPAs impeding growth of factoring business: RBI officialHowever, sounding a note of caution, he said, These are hard problems, these are difficult problems, but we are determined to solve them."
05 May, 2017, 04.09 PM IST
Amendment in SARFAESI Act on NPA constitutionally valid: Supreme CourtIt would thereby produce results which would be counter- productive to the object and the purpose sought to be achieved by the Act, the cou...
28 Jan, 2015, 10.18 PM IST
- Brokers' call: Deutsche Bank keeps 'buy' on STFC
Deutsche Bank maintained a 'Buy' rating on Shriram Transport Finance (STFC) and set a target of Rs 705.
10 May, 2012, 11.46 AM IST
- Amendments to SARFAESI Act to clear recovery processes: BA Prabhakar, Bank of India
In an interview with ET Now, BA Prabhakar, ED, Bank of India, gives his views on the amendments made in the SARFAESI Act.
14 Oct, 2011, 02.53 PM IST
- Magma Fincorp's focus on high-yield loans segment may pay off
Auto financing NBFC Magma Fincorp posted a marginal fall in net profit by 6% in the June quarter. The management's strategy to reduce its d...
14 Jul, 2011, 03.05 AM IST
- Boom time rap: Banks may see bad loans rising
Bad loans are set to jump in the coming quarters as banks’ aggressive lending during boom times are set to haunt them, a report by the Rese...
09 Nov, 2010, 05.36 AM IST
- ET in a Classroom: Non-performing assets, asset reconstruction companies & banks
Non-performing assets are bad loans. Any asset, including a leased asset, becomes non performing when it ceases to generate income for the ...
18 Jun, 2010, 02.51 AM IST
- SBI seeks SC ruling on provisions of Securitisation Act
Bank challenges Orissa HC order in a default case where the HC had said provision of other law could supersede the Securitisation Act.
08 Jul, 2008, 03.00 AM IST
- Sustainability of LIC HF quarterly show in doubt
Setting aside fears of a slowdown in the housing market, LIC Housing Finance reported a strong 38% Y-o-Y growth in its net profit for the q...
18 Jan, 2008, 12.03 AM IST
- IFCI not to hive off bad assets
For IFCI, the bad will co-exist with the good. IFCI has decided against hiving off its bad assets worth Rs 6,500 crore to its asset reconst...
22 Aug, 2007, 03.32 AM IST
- ARCs can set up JVs to buy specific assets
RBI has permitted asset reconstruction companies to set up joint ventures to acquire specific assets. The much-awaited draft guidelines for...
19 Dec, 2002, 12.12 AM IST
- Report on lender liability skirts borrower rights
This will further spoil the party for defaulting corporates. The report on “lenders liability” has refrained from suggesting a new law that...
05 Dec, 2002, 02.30 AM IST
- Lenders' liability law in offing to balance harsh NPA laws
After promulgating the Securitisation Ordinance, the government is now drawing up a lenders' liability law to ensure that the NPA laws are ...
19 Sep, 2002, 01.59 PM IST
- Bankers’ panel to draft law on borrowers’ rights
To pacify corporate India, which has dubbed the NPA Ordinance as financial Pota, the Finance Ministry has appointed a five-member committee...
23 Aug, 2002, 03.15 AM IST