IBC cases: For every ₹100 of claims admitted,… Banks continue to reel under disproportionately large “haircuts” with an average of ₹69 going towards losses for…
JC Flowers ARC offers ₹11,100 crore to buy… JC Flowers ARC has made a bid of ₹11,100 crore for buying stressed assets of YES Bank Ltd worth ₹48,000 crore. .If…
Rising global rates may dampen overseas interest… The bad loans resolution scenario in the country may turn lacklustre as rising interest rates in advanced economies…
SBI sets up marketing team to showcase stressed… State Bank of India (SBI) has set up a marketing team under its SARG (Stressed Assets Resolution Group) vertical to…
Banks feel the heat of slower recovery under IBC… Financial creditors are clearly feeling the heat of pandemic-induced slowdown in insolvency and bankruptcy…