The RBI framework provided for a strict timeline for resolution of these bad loans where debt is Rs 2,000 crore or more.

Known for its deals in the distressed debt space, Avenue Capital will pump in about Rs 1,000 crore to acquire the stake, said one of the pe...

SEBI has already approved norms for listing SRs issued by ARCs. ARCs currently need to pay lenders at least 15% in cash for taking over an ...

The AMC will attract institutional funding in stressed assets through AIFs.

NIIF’s mandate is to stick to infrastructure and it’s not likely to join the asset management company (AMC) proposed by banks to deal with ...

As of March 31, 2018, bad loans across listed banks stood at over Rs 10 lakh crore.

Arcil, the first ARC set up in the country, was the third-largest player at the end of March with assets under management (AUM) of around R...

The Indian Banks’ Association has condemned the spate of charge-sheets and arrests and called for an independent panel to scrutinise such a...

Not every NPA is an act of criminality. We need people of very high integrity in the financial system but mistakes will happen during decis...

The initiative will be run by the banks without government involvement, will be in harmony with all current laws and will function as an ad...

Mehta panel has recommended an asset management company/alternative investment fund-led resolution approach to deal with NPA cases of over ...