Public Sector Banks Face Challenges in Selling Bad Loans as Recovery Efforts Slow
Public sector banks (PSBs) in India are facing challenges in selling stressed assets as repeated auction attempts for bad loans
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bad loans
India’s insolvency framework marks 10 years of transformative impact
Ten years after the enactment of the Insolvency and Bankruptcy Code (IBC), India’s insolvency framework has significantly changed how stressed
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Utkarsh Small Finance Bank Sells ₹1,491 Crore NPAs at Deep Discount
Utkarsh Small Finance Bank has sold non-performing assets (NPAs) worth ₹1,491 crore for just ₹195 crore, reflecting a significant discount
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Banks’ gross NPAs may hit 10-year low
Bad loans of Indian banks are expected to decline 90 basis points to less than five per cent in FY23
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Banks in China record huge losses
The banks in China recorded huge bad loans in comparison to the last quarter, potentially adding pressure on regulators to
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