Page 6 - Bad Loans

Best of BS Opinion: Bad loan resolution, Covid-19 vaccines, and more

Here are the best of Business Standard's opinion pieces for Monday

Banker's Trust: Has crony capitalism hijacked bad loan resolution?

If bankers move fast and preserve the enterprise value of defaulting companies, recovery rate will improve even as the new insolvency law, much like the GST, remains a work in progress

Indian banks will face heat of second Covid wave in H1 of FY22: S&P

Credit losses should remain high at 2.2 per cent before recovering to 1.8 per cent, says rating agency.

NBFC disbursement to dip by 50-60% in Q1FY22, bad loans set to rise: Icra

However, the sector is expected to post a healthy revival in the latter part of the year

How banks were able to prove doomsday predictions wrong in a pandemic year

There were five factors that helped banks contain bad loans in a pandemic year

NARCL headhunting for core team begins ahead of launch in July

Invites quotes from Aon to help it in the hiring process

The road ahead for State Bank of India

The elephant in Indian banking has already become nimble-footed. Its new boss, Dinesh Khara, needs to choreograph the steps for its dance

Second wave: HDFC Bank concerned over retail asset quality in near-term

Borrowers who had to avail cover under regulatory dispensations like moratorium and restructuring after the first wave will be the highest impacted, its chief executive said

New credit culture

A big step by SC in allowing banks to chase personal guarantors

Bad loans: SC allows banks to invoke personal guarantees of defaulters

Apex court says approval of resolution plan does not ipso facto discharge a personal guarantor (of a corporate debtor) of his or her liabilities under contract of guarantee

Federal Bank's Q4 net profit jumps 59% to Rs 478 crore, bad loans rise

Total income on a standalone basis, however, was down at Rs 3,832 crore in Q4FY21, as against Rs 4,108 crore in the corresponding quarter of FY20

MSMEs urge FM Nirmala Sitharaman to review NPA classification norms

In its suggestions to the finance ministry, the Federation of Indian Micro, Small and Medium Enterprises has said the greatest need that has emerged is the flexibility in assigning NPAs

Govt-owned Indian Bank declares 8 loan accounts as fraud, including IL&FS

Government-owned Indian Bank has declared bad loans amounting Rs 202.32 crore to seven domestic borrowers and $5.289 million lent to a foreign company as fraud

Market in distressed assets may be huge, but deal-making faces headwinds

With the Supreme Court vacating the one-year breather on the filing of insolvency proceedings, it's back to the grind on the bad-loans front

Statsguru: IBC mechanism ready to take up cases after a year-long hiatus

As many as 1,942 cases are currently going on under the Code (as of Septem­ber 2020)

Banks brace for fresh round of war against NPAs

As it prepares to bring to a close the most difficult year in history, the banking industry is gearing up to tackle a fresh bout of bad loans

Bad loan recognition likely to weigh on stocks of public sector banks

Earnings improvement over two quarters was without proportionate lending growth

Transferring bad debt to ARC at book value just window dressing: Experts

Asset valuation should be left to market forces to help attract investors and create a healthy distressed debt market, say experts.

Moratorium verdict: Prepare for shock when a more realistic picture emerges

Loan Moratorium verdict: It also declared that compound interest will not be charged for the period of moratorium.

Best of BS Opinion: No space for SPACs, NSE trading outage, and more

Here's a selection of Business Standard opinion pieces for the day