Das also added that just like non-bank lenders the RBI was internally working on refining and strengthening guidelines governing asset reco...

Banks have been asked to submit details of all non-performing loans in or outside consortium worth ₹500 crore and above. Lenders have been ...

India has thousands of deeppocketed investors willing to experiment with new-found wealth.

ArcelorMittal’s offer would have made secured financial lenders more than 90% whole, meaning unsecured operational lenders should have had ...

When lenders themselves start making a mockery of India's fledgling insolvency law, nobody can save it.

India is the only country where Flowers is seeking opportunities outside the finserv space.

Strengthening the bankruptcy law would take patient backroom work; it's far easier to placate voters with, "Look, we're taking the Ruias' s...

JSW, along with Piramal-Bain, is vying with Tata Steel, Arcelor Mittal and Nippon Steel to acquire some of the steel companies.

They've coaxed state-run banks to push 12 large firms, which between them have nonperforming obligations of $37 bn, through the same insolv...

Sebi hasn't explained the formula. Current rules require conversions to be based on market price.

To rebuild the business, he has to focus on Indian operations which was once its best, but has fallen on bad times.

Reserve Bank of India plans to allow firms specializing in turnarounds to buy troubled companies with the help of bank loans.

AION, a special situations fund, will raise additional $175 mn as more Indian companies show signs of distress due to high rates.

Lenders are reconciling to the fact that chances of an equity investor coming forward is remote while the airline's troubles are rising.

Banks are holding back irrecoverable loans on their books, unwilling to accept the price that buyers are willing to fork out.

Anil Ambani’s Reliance Capital, one of the country’s biggest finance companies, has been allowed to trade in bad loans.

They are the new vulture funds, circling over state-owned banks and financial institutions, to buy out bad loans with the underlying securi...