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Latest News on Bad Debt
Showing of 0 - 10 from 9 results
Bad Debt - Total results - 9
Jul 19, 2019
IL&FS probe: NCLT allows govt to prosecute auditors Deloitte, BSR; C Sivasankaran and 2 independent directorsThe NCLT said the corporate affairs ministry can go ahead with the prosecution based on the findings of the probe
Jan 04, 2019
Investments in December quarter dive to more than a decade low on concerns of bad debt, 2019 general electionThe plunge in the investments is mainly attributed to concerns of rising bad debt and policy confusion ahead of the general elections in 2019.
Oct 25, 2018
SC order on firecrackers could make manufacturers go bankrupt, create bad debt worth more than Rs 2,000cr, says industry bodyThe firecrackers manufacturing industry claims that Supreme Court judgment banning use of barium in manufacturing of firecrackers will not only make bursting of firecrackers during festivals impracticable, it could also make the industry go bankrupt incurring bad debt worth more than Rs 2,000 crore
May 31, 2017
GDP data today: India seen continuing as global pacesetter on consumer demand revivalThe setback to an economy where most people are paid and buy what they need with cash appears to have been mercifully shortlived.
Apr 07, 2017
RBI monetary policy takeaways: What the central bank thinks of growth, NPAs, liquidityGiven that banks have closed their accounts in March, the market was keen to get a clear number on the demonetisation exercise in terms of the return of old notes to the system.
May 26, 2016
For India's economic stability, good policy is essential: RBI's RajanRajan also said sharp slowdown of the Chinese economy remains a significant risk for global economy and the SAARC region
May 05, 2016
Government eyes cleanup of bad debt mountain as wary state banks hesitateThe proposal envisages setting up a panel comprising leading bankers and government and central bank officials, to review some larger outstanding loans and try to arrive at a settlement, finance ministry and central bank officials said.
Apr 26, 2016
Supreme Court asks government to set up a panel to probe bad loansThe Supreme Court on Tuesday asked the Union Finance Ministry to inform about the mechanism in place for recovery of huge Non-Performing Assets (NPAs)
Jun 03, 2013
KFA to S. Kumars: Bankers suiting up for war on debt defaultersBankers say errant borrowers often manage to get stay orders from various courts, slowing down the recovery process, and most cases take over two years to be resolved.