Gulf Times - bad-loans
Former Bhushan Steel MD arrested in India over alleged fraud

Former Bhushan Steel MD arrested in India over alleged fraud

It is fairly rare for influential industrialists or corporate leaders to be arrested over fraud allegations in India.

India tweaks rules for regulatory action on banks

India tweaks rules for regulatory action on banks

The Reserve Bank of India (RBI) on Thursday tweaked rules that trigger regulatory action against lenders who overshoot the limit on bad loans or fail to comply with capital ratios.

India's central bank says bad loans still rising

India's central bank says bad loans still rising

Bad loans held by Indian banks are still rising sharply, India's central bank said Tuesday, as it warned the country's lenders face "significant challenges".

India passes bankruptcy law in long-awaited reform

India passes bankruptcy law in long-awaited reform

India has overhauled its archaic bankruptcy laws in a key reform that will make it vastly easier to wind down companies and help banks to recover bad loans.