Fri, Mar 17, 2017
This is a 7.5% growth in stressed loans from September to December end.
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Fri, Feb 17, 2017
Aditya Puri, Managing Director and Chief Executive of the second largest private lender HDFC Bank, on Friday backed the idea of setting up a national bad bank, saying anything that can help resolve the perennial bad loans problem is welcome.
Thu, Oct 13, 2016
Vincent Tordo, a Moody's Analyst said, "Although retail loans originated by non-bank financial companies (NBFCs) -- subject to the tighter criteria since 1 March 2016 -- account for the bulk of assets backing Indian ABS, we expect improving macroeconomic conditions and more rigorous collection processes by originators will boost their underlying performance."
Mon, Jun 13, 2016
The Reserve Bank of India on Monday relaxed guidelines for restructuring of large stressed assets by lenders in a move that would allow the banks to more effectively manage bad loans on their books.
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