Bad Loan Proceedings
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Banks’ bad loans could rise to 9.5% of their total lending by September 2022, says RBI
In September this year, bad loans accounted for a six-year low of 6.9% of the total loans.
Scroll Staff
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Government sets up ‘bad bank’ to acquire stressed loans worth Rs 2 lakh crore
The Centre will provide Rs 30,600 in guarantee to acquire bad loans from lenders.
Scroll Staff
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India’s curious inflexibility in trying to fix its bad loan crisis is leading to unforeseen problems
Since every case of default is seen as the result of fraud, distressed firms aren’t being rehabilitated and banks are recovering only a fraction of their loans.
M Rajshekhar
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India’s proceedings to recover bad debt are reshaping Chhattisgarh’s economy – and politics too
As big domestic and global players buy defaulting power and steel companies, smaller firms in the state realise they cannot compete and are diversifying.
M Rajshekhar
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As India tackles its bad loans problem, large local groups and global funds are gaining advantage
Market analysts suspect many of the buyers may not be interested in reviving the insolvent companies, but only in making a quick buck by selling them for parts.
M Rajshekhar
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India’s bid to fix bad loan crisis is reshaping its corporate sector – and creating new challenges
A small number of buyers is taking most of the insolvent companies on the cheap, likely diminishing productivity and eroding market competition.
M Rajshekhar
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