Recent Highlights
All Stories for Loan Recovery
NPA crisis: Loans worth Rs 2.72 lakh cr written-off since NDA government took over in 2014; just Rs 29,000 cr recovered
Dinesh Unnikrishnan123 • 7 years agoThe problem is that there aren’t enough buyers for stressed assets in India, at prices the banks expect, needed to compensate for their losses.
Public sector banks write off Rs 55,356 cr loans in April-Sep as they speed up loan recovery process
Fp Staff • 7 years agoOver the past decade, PSU banks had written off Rs 2,28,253 crore in nine years
In times of deepening jobs crisis, a bankruptcy law for individuals is an urgent need
Bindisha • 8 years agoThe need for individual bankruptcy law is all the more urgent today given the precarious jobs situation in many sectors
End of Good Times Now? Mallya wants Arnab behind bars for slander, deceit
Fp Staff • 9 years agoSBI finally tags Vijay Mallya ‘wilful defaulter’, others still dragging feet. We need special courts to fix crony promoters
Dinesh Unnikrishnan123 • 9 years agoTill the time an effective judicial platform is set up to handle such cases, even the wilful defaulter tag is nothing more than a child's toy
SBI, with Rs 1600 cr loan to Kingfisher Air, finally tags Vijay Mallya wilful defaulter
Fp Archives • 9 years agoZoom Developers' saga shows collateral safety is a myth; banks are sitting ducks
Dinesh Unnikrishnan123 • 10 years agoJaitley should hurry on legislating a bankruptcy law; it is critical for the recovery of bank loans in many similar cases
How to deal with rising abuse of bank recovery agents
Bindisha • 12 years agoYou may not be an economist or an analyst, and may be least interested in investing in shares, but the rising instances of abuse by bank agents calls for some awareness
First person account: How an all woman team recovers loans the humane way
Fp Archives • 12 years agoManju Bhatia, Joint Managing Director of Vasuli Recoveries, talks about setting up an all-women team of recovery agents who extract money the humane way.
Mallya takes a dig at SBI, asks what about loan recovery from others
Fp Archives • 12 years agoWhat about loan recovery from those other than Kingfisher?, wondered its promoter Vijay Mallya while taking a dig at bank chiefs in his tweet for their "constant speak" to media on getting back dues from the grounded airline.