distressed loans

(SBI) on Friday sold distressed KSK Mahanadi Power's ₹3,815-crore outstanding loans to Aditya Birla Asset Reconstruction Co for ₹1,622 crore, a move that would help the bank shore up its earnings in the second quarter, said two people…

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…