During 2025-26, ARCs acquired stressed debt worth more than Rs 2 lakh cr, comprising Rs 1.5 lakh cr of corporate loans and Rs 50,000 cr of ...

The Insolvency and Bankruptcy Code has helped creditors recover over Rs 4 lakh crore rupees. The Code has revived many distressed companies...

India's Insolvency and Bankruptcy Code (IBC) has facilitated over Rs 4 lakh crore in creditor realisations from resolved cases. Additionall...

Bank of Baroda is selling a ₹2,776 crore portfolio of 41 stressed loans, including nine declared fraud accounts like Ushdev International a...

We are living in times when the morning may see conciliatory exchanges between the US and Iran, leading to a cooling in crude oil prices. B...

Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...

A ceasefire between the United States and Iran offers hope for Middle East peace and rebuilding. Indian construction and EPC companies are ...

Utkarsh Small Finance Bank has offloaded bad loans worth Rs 1491 crore to asset reconstruction firms for Rs 195 crore. This move comes as t...

The all-cash sale indicates a recovery of 73 paise on a rupee of the principal amount outstanding for SBI. The bank had informed interested...

A bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad, which did not issue formal notice on the plea, asked the aut...

In most cases, lenders negotiate with the highest bidder to maximise recoveries from buyers of the bankrupt companies, said one of the lend...

As per the bank's revised policy on sale of financial assets, in line with regulatory guidelines, SBI said it places these accounts for sal...

JBF has been marked as a non performing asset (NPA) for many years now and a bid for the company has come amid a surge in commodity prices ...

The appointment has been done after receiving all necessary approval from the Reserve Bank, the company said in a release here today.

Edelweiss and IARC are planning to raise Rs 500 crore and Rs 300 crore, respectively, to capitalise their asset reconstruction funds.

Sources from the ARC industry said even as the RBI has asked ARCs to reverse income after six months, a few ARCs continue to accrue income ...

SME financing institution Small Industries Development Bank of India (SIDBI) today said its asset reconstruction arm will get operational w...