Retail loans march ahead of corporate credit amid Covid-19

Retail loans march ahead of corporate credit amid Covid-19

A surge in gold loans has pushed retail advances to the top of bank credit for the first time. Loans..

PNB to sell KSK Mahanadi Power loan of Rs 1,719.85 cr to ARCs

PNB to sell KSK Mahanadi Power loan of Rs 1,719.85 cr to ARCs

State-owned Punjab National Bank (PNB) will sell its loan exposure of Rs 1,719.85 crore in KSK Mahan..

IDBI Bank to offload entire stake in ARCIL

IDBI Bank to offload entire stake in ARCIL

IDBI Bank will offload its entire 19.18% stake in Asset Reconstruction Company (India) Limited (ARCI..

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank has identified eight accounts worth Rs 1,900 crore to be transferred to National Asset R..

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank has identified eight accounts worth Rs 1,900 crore to be transferred to National Asset R..

India's bad bank to seek RBI approval for ARC licence

India's bad bank to seek RBI approval for ARC licence

India’s bad bank got formalised with the incorporation of the National Asset Reconstruction Co. Ltd ..

India's bad bank to seek RBI approval for ARC licence

India's bad bank to seek RBI approval for ARC licence

India’s bad bank got formalised with the incorporation of the National Asset Reconstruction Co. Ltd ..

India's current account deficit widens in March quarter

India's current account deficit widens in March quarter

India's current account deficit has widened in the quarter ended March on account of a higher trade ..

IDBI Bank invites bids to shed stake in Arcil

IDBI Bank invites bids to shed stake in Arcil

Ahead of the formation of National Asset Reconstruction Company Ltd (NARCL), IDBI Bank has invited b..

PNB to pick stake in NARCL, transfer Rs 8,000 cr loans to bad bank

PNB to pick stake in NARCL, transfer Rs 8,000 cr loans to bad bank

Punjab National Bank (PNB) will have stake in the National Asset Reconstruction Company Ltd (NARCL) ..

RBI names six-member panel under Sudarshan Sen to review ARC norms

RBI names six-member panel under Sudarshan Sen to review ARC norms

The Reserve Bank of India has named a six-member committee under the chairmanship of Sudarshan Sen, ..

Retail inflation rises to 5.52% in March

Retail inflation rises to 5.52% in March

For the fourth consecutive month, retail inflation has fallen within the Reserve Bank of India’s upp..

RBI to set up panel to review working of ARCs

RBI to set up panel to review working of ARCs

The Reserve Bank of India has decided to set up a panel to undertake a comprehensive review of the w..

Corporate affairs ministry probes irregularities at Edelweiss' ARC arm: Report

Corporate affairs ministry probes irregularities at Edelweiss' ARC arm: Report

Responding to a whistleblower’s allegations, the Ministry of Corporate Affairs (MCA) has reportedly ..

ARCs can play key role in getting out of NPA logjam

ARCs can play key role in getting out of NPA logjam

If we need to peep into FY 2021 for the expectations and anticipations for the asset reconstruction ..