Yes Bank gets Rs 429 crore from JC Flowers ARC

Yes Bank gets Rs 429 crore from JC Flowers ARC

Yes Bank has received Rs 429 crore from JC Flowers Asset Reconstruction Company for the sale of its ..

Bank unions stick to March 24-25 strike as talks with IBA fail

Bank unions stick to March 24-25 strike as talks with IBA fail

India’s bank unions are firm on sticking to its earlier strike call. The United Forum of Bank Unions..

RBI eases settlement norms for ARCs

RBI eases settlement norms for ARCs

The Reserve Bank of India (RBI) has eased guidelines for asset reconstruction companies (ARCs) to se..

Indian Overseas Bank to sell Rs 11,500-cr NPAs to ARCs

Indian Overseas Bank to sell Rs 11,500-cr NPAs to ARCs

Chennai-headquartered Indian Overseas Bank has put on sale Rs 11,500 crore of bad loans to asset rec..

IOB to sell Rs 11,500-crore NPAs to ARCs

IOB to sell Rs 11,500-crore NPAs to ARCs

State-run Indian Overseas Bank (IOB) is selling bad loans of Rs 11,500 crore to asset reconstruction..

ARC woes amid scarce supply of bad loans and regulatory oversight

ARC woes amid scarce supply of bad loans and regulatory oversight

Several asset reconstruction companies (ARCs) are struggling, a few are dead and some are set to die..

ARCs need to standardise credit bureau reporting: RBI

ARCs need to standardise credit bureau reporting: RBI

The Reserve Bank of India has directed asset reconstruction companies (ARCs) to set up a standard op..

SBI eyes stake sale in Yes Bank by March-end

SBI eyes stake sale in Yes Bank by March-end

Yes Bank, rescued in 2020 primarily by the country’s largest lender State Bank of India (SBI), is li..

RBI unveils SAARC currency swap framework until 2027

RBI unveils SAARC currency swap framework until 2027

The Reserve Bank of India (RBI) has put in place a revised framework on currency swap arrangements w..

RBI rejects Edelweiss ARC CEO’s extension

RBI rejects Edelweiss ARC CEO’s extension

The Reserve Bank of India (RBI) has rejected a proposal to reappoint Rajkumar Bansal as MD and CEO o..

Some ARCs are circumventing rules, warns RBI deputy governor

Some ARCs are circumventing rules, warns RBI deputy governor

The Reserve Bank of India (RBI) has warned asset reconstruction companies (ARCs) of regulatory or su..

RBI’s whip on Edelweiss ARC, ECL Finance

RBI’s whip on Edelweiss ARC, ECL Finance

Two of Edelweiss’s group companies are in trouble. The Reserve Bank of India (RBI) has imposed busin..

RBI flags supervisory concerns over functioning of ARCs

RBI flags supervisory concerns over functioning of ARCs

The Reserve Bank of India (RBI) has raised several supervisory concerns on the functioning of asset ..

Electoral Bonds: SC asks SBI to disclose all info by 21 March

Electoral Bonds: SC asks SBI to disclose all info by 21 March

Pulling up the State Bank of India, the Supreme Court today told the state-owned lender to stop bein..

SC rejects plea, SBI to disclose electoral bonds info on 12 March

SC rejects plea, SBI to disclose electoral bonds info on 12 March

The Supreme Court has turned down the State Bank of India’s (SBI) application seeking an extension u..