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STUCK LOANS RECOVERY
Cancer, Leo, Virgo Horoscope Today for June 4, 2026: Who Will Resolve Challenges, Attract Success & Strengthen Relationships?Your Daily Horoscope Today emphasizes resolving domestic matters, managing professional boundaries, and practicing patience. While energeti...- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Buying a house Vs Renting it: CA questions home ownership logic in urban India when 'banks have rebranded liability as a dream'A Chartered Accountant has sparked debate by questioning the financial logic of buying homes in urban India compared to renting. In a post ...
- Earning Rs 1.55 lakh but still broke? Bengaluru CA says you’re reading your money wrongA Bengaluru chartered accountant offers a new perspective on finances. A 29-year-old earning Rs 1.55 lakh monthly felt strained, but the ac...
- Indian Overseas Bank engages an advisor to help sell over Rs 12k crore NPAsThe bank has engaged Navi Mumbai-based Special Situation Advisors India to find a buyer for 67 large corporate accounts within the next fou...
- IBBI moves to tweak Bankruptcy Code for speedier resolutionsThis would benefit creditors in long-running cases like KSK Mahanadi, under CIRP since October 2019. IBBI has asked stakeholders to submit ...
- IDBI Bank moves to sell Rs 8,843 crore of bad loansThe assets on the block are a dozen cases including loans to Videocon Oil Ventures (VOVL), Jaiprakash Associates (JAL) and Wind World, whic...
- Special drive by public sector banks likely to recover written-off loansA senior official told ET that the government has asked public sector banks (PSBs) to focus on written-off loans and try to recover at leas...
- Kotak Bank-backed ARC acquires Rs 1,470-cr loan portfolio from L&T FinanceL&T Finance sold the portfolio of four accounts for ₹980 crore, equating to a recovery of nearly 66%, the people cited above said. The othe...
- Tulip Infratech to invest Rs 200 crore in stuck housing project of Vipul LtdFinance company PNB Housing Finance Ltd restructured Rs 412 crore debt and transferred the project to Tulip Infratech, which agreed to take...
- Record Rs 2.54 lakh crore bad loan write-off gives a facelift to banks’ NPA profileBanks have recovered more than Rs 40,000 crore from three of the twelve loan accounts.
- Home buyers, lenders will have to bear brunt of bankruptcy: SBI officialThe SBI official said home buyers and lenders must be put on "equal footing" and the losses should be borne at the same rate.
- Demonetisation: Kharif farmers hit hard after RBI forbids DCC banks from accepting old notesThe farmers who have started selling their Kharif produce are mostly paid in cash by wholesale traders. Now, the amount with farmers (mostl...
- NHAI plans Rs 6,000-crore boost for road developers stuck in litigationGovt has asked departments, ministries & public sector entities to release 75% of disputed amount where developer has won an arbitration ca...
- Ahmedabad debt recovery tribunals have highest number of big-value casesAhmedabad has the highest number of large-value cases being heard in debt recovery tribunals across the country.
- Ready to be more flexible in loan recast to spur growth: Raghuram Rajan"RBI is exploring ways to allow banks more flexibility in (loan) restructuring. This is a risk we are prepared to take if it allows more pr...
- Orbit Corporation sinks 15%, hits 52-week low on loan defaultOrbit Corp plunged 14.98 % to hit its 52-week low of Rs 10.10, as the real estate developer defaulted on liabilities of Rs 96 crore.
- FM P Chidambaram warns rich promoters on loan defaults"We cannot have an affluent promoter and a sick company," he said, in an apparent reference to the collapse of Kingfisher, owned by Vijay M...
- Finmin asks banks to send recovery agents after issuing warning to loan defaultersThree SMS and a phone call is all a loan defaulter would get by way of a warning before a bank sends recovery agents to his house.
- RBI hogging limelight among fellow central banksWith India still shining these days, the country’s central bank too seems to be hogging all the limelight among its fellow central banks.
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