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LOAN RECOVERY EFFORTS
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
Virgo ♍ June 2026 Horoscope, Monthly Predictions: Why Consistency Will Be Your Biggest Competitive Advantage This Month♍ Virgo Monthly Horoscope (1st June 2026 to 30th June 2026): The Sun will remain in the Taurus sign till 15th June 2026. The Virgo Monthly ...
Horoscope Tomorrow, 2 June 2026: Which Zodiac Signs Will Benefit Most from Career Growth and Financial Stability?The horoscope tomorrow points toward growth, communication, patience, and strategic decision-making across all zodiac signs. Whether you ar...
Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
Quad vows to invest $20 billion towards critical minerals supply chainsIndia, Australia, Japan, and the US are pooling up to $20 billion to bolster critical minerals supply chains. This initiative aims to reduc...
Horoscope Tomorrow, 25 May 2026: Big Career Opportunities & Emotional Breakthroughs AheadThe horoscope tomorrow for 25th May 2026 highlights a powerful mix of ambition, emotional awareness, relationship harmony, and financial di...
Can banks block your mobile in case of loan default? RBI lays down rules for restricting services; Rs 250/hour compensation in this caseIf the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of ...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
Better recoveries, low slippages pull down PSU banks write-offs to multi-year lows in FY26Public sector banks in India saw loan write-offs fall to multi-year lows in fiscal year 2025-26. This positive trend is attributed to fewer...
HC quashes Lilavati Trust's bribery case against HDFC Bank CEOThe Bombay High Court has dismissed a bribery case against HDFC Bank MD Sashidhar Jagdishan. The court ruled the complaint was a reaction t...
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
SBI cards sells Rs 1,800-crore bad loans to Integro FinservSBI Cards has taken a bold step in fortifying its financial health by offloading a considerable portion of its stressed credit card debt, v...
How Tata & Bajaj group's recent IPOs erased nearly 50% investor wealthTwo prominent IPOs from Tata Technologies and Bajaj Housing Finance have seen significant investor wealth erosion, losing nearly 50% from t...
Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from EdelweissOmkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...
Earnings vs signals: Q4 results may matter more than they lookThe March quarter earnings season arrives at an inflection point, with stable numbers masking underlying economic shifts. Escalation of the...
Non-mortgage security receipts formed 90% of the fresh issuances in 2023: India RatingsIn 2023, non-mortgage security receipts dominated fresh issuances, driven by retail non-mortgage bad loans, per India Ratings. Asset Restru...
Yes Bank lacked cost control; aim to cut operational expenses by 20% in FY21: CEO Prashant KumarThe city-based lender is experiencing delays in loan recovery efforts as big defaulters are approaching courts, its new chief executive and...
Demonetisation puts brakes on banks’ loan recovery effortsTop banks recovered just Rs 7,909 crore from such loans at the end of the December quarter against Rs 10,177 crore at the end of the Septem...
Wary of round tripping, lenders' loan recovery efforts hit a fresh hurdleBanks are encountering a new problem as they try to recover bad loans by selling defaulters' assets.