bad loans

Public sector banks have raked in more profits in the three months ended June on the back of a persistent decline in bad loans and the trend may have a positive bearing on their balance sheets in the coming quarters. In the June quarter,…

The government on Monday said that concrete steps taken by the government and RBI have helped banks recover bad loans worth over Rs 8.6 lakh crore in the last eight financial years. According to news agency PTI, Bhagwat Karad, the…

(IOB) is seeking buyers for its distressed loan portfolio that includes advances to Aban Holdings, Rotomac Global, Essar Group companies and subsidiaries of GVK and Lanco groups, two people aware of the development told ET. Last week,…

is seeking buyers for its ₹3,600-crore distressed loan portfolio, including advances given to the twin Srei Group companies in administration currently, two people aware of the development told ET. The bank has shared a list of 65 such…

Standard Chartered Bank's India operation is seeking buyers for its $1.6 billion distressed loan portfolio comprising corporate debt in an effort to clean up its books, said two people aware of the development. Standard Chartered…