Franklin Templeton Asset Management India warned investors of potential losses if they vote against its plan to wind up more than $4 billio...

Shadow banks are important lenders to smaller businesses, and policymakers have rolled out measures to support the financiers in recent mon...

Payments to creditors from Infrastructure Leasing & Financial Services Ltd., whose default in September 2018 triggered a lingering credit c...

The development is the latest turn after the company shut six debt schemes last month.

Future Retail operates the popular hypermarket chain Big Bazaar in India.

Mutual funds are seeking to limit any fallout from a possible default by the telecom carrier.

Indian banks have issued a total of Rs 93 billion of local-currency notes since January.

Care Ratings Debt Quality Index inched up 0.04 points to 88.02 in January, after eight straight months of decline.

Apollo Global and Varde Partners LP are no longer considering bidding for Altico Capital India Ltd., according to people familiar with the ...

Alitco’s bad loans spiked to 23.8 per cent of its loan book in the July-September quarter.

The government needs a healthier shadow banking sector as it tries to boost economic growth.

Indian companies have defaulted on a record Rs 7,600 crore bonds so far in 2019.

Care Ratings Ltd. downgraded Patanjali’s long-term bank facilities to A- from A+.

Credit profiles of the nation’s companies worsened to a 19-month low in July.

Trouble has only spread across the sector in recent months.

SBI and other creditors are planning to convert part of Jet's loans into equity as it struggles to repay debt.

That’s the view of India Ratings and Research Pvt., a Fitch group company, on the relaxation extended to the so-called micro, small and med...