Morgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...

Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...

This is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...

The news mix could not be more confusing. On the one hand, the US House voted to halt Trump’s Iran war, and Israel and Lebanon again agreed...

India's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...

Your salary is just the start for loan approval. Lenders scrutinize your income after deducting all current EMIs. This remaining amount, me...

The primary rule to follow is: do not make rash and immediate decisions. Take time to consider what you have inherited and how to use it in...

Sri Lanka is seeking investors for Mattala Rajapaksa International Airport. The airport has been a financial drain since opening in 2013. A...

Borrowers with more than ₹2.5 lakh outstanding showed a delinquency rate of 1.5% at the end of December, about 2.2x higher than those with ...

India’s gold loan market is seeing rising stress as borrowers take larger and multiple loans, pushing up delinquency rates and credit risk,...

Student loan collections are still delayed, leaving millions unsure about wage garnishment. Officials say outreach may begin first, but no ...

Loan defaults are bad news for people who have stood as guarantors to loans taken by friends and relatives. Most people know that a guarant...

The central bank is currently drafting a PCR Act with the Ministry of Corporate Affairs.

RBI Deputy Governor Viral Acharya had asserted that accounts of some loan defaulters had been sent to banks for resolution.

Jaitley said his government has recognised the nexus at the heart of this and taken firm decisions with regard to defaulters.

"Wilful defaulters have taken loans for some purpose but have diverted and misused the money. There are around 7,000 big companies who are ...

CBI has initiated an inquiry into cases of defaulters of big loans from public sector banks, its chief Ranjit Sinha said today.