ARCs double down on India’s retail, SME loan distress

A prolonged clean-up of corporate balance sheets, competition from the government-backed so-called bad bank, and the sharp ...

Public sector banks wrote off loans worth Rs 6.1 lakh crore in last five fiscal years: Centre

Public sector banks have written off loans worth Rs 6.1 lakh crore in the last five financial years and the first half of the ...

Bad loan clean-up: PSU banks write off Rs 6.15 lakh crore in 5.5 years; govt informs Lok Sabha

Public sector banks have written off Rs 6.15 lakh crore in loans over five-and-a-half years, a move aimed at balance-sheet ...
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Bad Loans

India’s banking sector is bracing for a significant challenge, with a leading global credit rating agency predicting a 25 per cent increase in non-performing assets (NPAs) over the next two fiscal ...
Reuters

India's HDB Financial reports lower quarterly profit as bad loan provisions rise

BENGALURU, July 15 (Reuters) - India's HDB Financial Services (HDBF.NS), opens new tab, a unit of lender HDFC Bank (HDBK.NS), opens new tab, posted a lower first-quarter profit on Tuesday, hurt by ...

India's Bandhan Bank to sell bad loans, write-offs via bid process

India's Bandhan Bank said on Thursday it will sell off its non-performing assets and written-off portfolios through a bidding process with asset reconstruction companies.