Banks to report Covid-19 debt restructuring separately

Banks to report Covid-19 debt restructuring separately

The Reserve Bank of India (RBI) on Friday asked banks and other lenders to separately report to cred..

Household financial savings soar to 21.4% of GDP amid Covid: RBI

Household financial savings soar to 21.4% of GDP amid Covid: RBI

The outbreak of the coronavirus has led Indian households to save much more in the June quarter of t..

India's public debt ratio to hit 90% of GDP due to Covid

India's public debt ratio to hit 90% of GDP due to Covid

IMF has projected India's public debt-to-GDP ratio to touch a new high of almost 90%, up 17 percenta..

Kotak's Phoenix ARC starts buying bad loans after halting amid Covid surge

Kotak's Phoenix ARC starts buying bad loans after halting amid Covid surge

Phoenix ARC, India's fourth-largest asset reconstruction company (ARC), has made five bad loan purch..

Covid jams bank loan growth

Covid jams bank loan growth

 The outbreak of the coronavirus and the resultant lockdown jammed the loan growth of banks, pa..

Edelweiss ARC's growth plans in COVID-ravaged year

Edelweiss ARC's growth plans in COVID-ravaged year

After leading Edelweiss ARC to a record recovery in FY20, managing director and CEO RK Bansal stares..

Bank debt restructuring, Covid and the NPA wound

Bank debt restructuring, Covid and the NPA wound

Lying under the shadow of the corona virus pandemic, the Indian economy is getting mauled. Businesse..

Covid alters spends on credit cards

Covid alters spends on credit cards

Health and wellness have been the top spends on credit cards since the Covid pandemic stifled people..