Bad Loan Proceedings
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Bad loans of Rs 10 lakh crore been written off as ‘muft ki revdi’: Varun Gandhi’s dig at Modi
The BJP MP cited government data to call out the phrase the prime minister recently used while commenting on freebies announced by political parties.
Scroll Staff
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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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The curious case of Pran Puri, the 18th century travelling monk who was discovered and forgotten
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Explained: Why India wants to modify the Indus Water Treaty after 62 years
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How Alexander the Great became Iskandar Zulkarnain, the legendary ancestor of Malay kings
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When the British secretly plotted to recruit Russians living in India against Nazi Germany
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In Assam, a police crackdown on child marriage leaves a trail of crying women and broken families
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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
Video
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‘He makes it appear he’s the remote control behind the PM’: TMC’s Mahua Moitra on Adani in Lok Sabha
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‘Shah Rukh Khan and team ‘Pathaan’ did what we couldn't do’: TMC MP Derek O'Brien in Rajya Sabha
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Watch: Grandmother-grandson duo’s delightful Carnatic music performance in Karnataka
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Watch: Chased by crocodile, antelope swims for its life across river, escapes in nick of time
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Watch: Tiger waits for trucks to pass before crossing busy highway