You Searched For "asset restructuring" and got 20 results
Sort By:
3 mins read
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
1 min read
Citigroup to cut 20,000 jobs in big corporate overhaul
Global banking major Citigroup will reduce 10 per cent of its workforce, or about 20,000 employees,…
2 mins read
Banks' GNPAs set to improve further to 2.1 pc by FY25: Care Ratings
The gross non-performing assets (GNPA) of the Indian banking system are set to improve further to u…
PTI
3 mins read
Trump tried to move assets to Florida, NY officials complain in fraud-judgment filing
State AG Letitia James says Trump's attempt to shift assets means he can't be trusted to post an IO…
Laura Italiano
2 mins read
Crypto lender Celsius hires lawyers to help it restructure its finances, after it froze withdrawals of customer deposits: report
Celsius' customers have reportedly withdrawn more than $2.5 billion in assets this year as crypto p…
Zahra Tayeb
3 mins read
HDFC Bank likely to remain ahead of peers in second quarter — all eyes on loan restructuring, moratorium, and asset quality
HDFC Bank’s second-quarter results won’t be immune to the issues of the moratorium, restructuring o…
2 mins read
Axis Bank is back in the black as fee collections ramp up and ₹10,000 crore in fund raising cushions the balance sheet
Axis Bank’s profit is in the green again after reporting a dip of 19% last quarter. Between July an…
2 mins read
Wells Fargo plans to sell its asset management business for over $3 billion after posting 57% drop in 3rd-quarter profit, report says
The US bank has held talks with potential asset management companies and private equity firms, but …
Shalini Nagarajan
2 mins read
Country Garden, one of China's real-estate behemoths, could look at restructuring its debt after missing key interest payments this week: JPMorgan
Country Garden issued a profit warning on Thursday that is likely a "prelude to an ultimate credit …
Huileng Tan
1 min read
FTX lawyer says a substantial amount of crypto assets are missing or stolen
James Bromley said a substantial amount of FTX's assets cannot be located, giving rise to cyberatta…
Zahra Tayeb
2 mins read
SBI received restructuring requests for over ₹6,000 crore in October — expects that to more than double over the next three months
India’s largest lender is the first to reveal its restructuring numbers. At the end of October, it …
2 mins read
Sam Bankman-Fried's FTX wants to sell some of its last remaining solvent businesses as its restructuring process picks up
The troubled firm wants to sell several subsidiaries, including US derivatives platform LedgerX.
Morgan Chittum
3 mins read
CEO David Solomon is restructuring Goldman Sachs again. Here's who wins — and who loses — from the leadership reshuffle.
Goldman Sachs's third restructuring in four years comes as insiders have been questioning Solomon's…
Michelle Abrego
2 mins read
MSME restructuring extension signify RBI's shift in stance on asset quality, transparency: Fitch
"Fitch believes that these extensions are only likely to defer asset-quality pressures unless ther…
PTI
2 mins read
'Big Short' investor Michael Burry predicts higher long-term inflation — and points to labor shortages and the onshoring boom as key drivers
Burry expects pricier domestic production and a shortage of blue-collar workers to spur US companie…
Theron Mohamed
1 min read
Investors cheer Raymond’s restructuring plan to reduce debt
Textile-to-engineering conglomerate Raymond announced a restructuring plan to merge some of its bus…
2 mins read
If you have a bank loan that you are unable to pay, restructuring is on its way
This means that you’re struggling to pay off your personal loans, you can ask the bank to modify…
1 min read
What is a bad bank and how can it fix India’s bad loans problem?
The concept of a “bad bank” has recently come to the fore again, following a decision from India’s…
2 mins read
Kamath Committee outlines loan restructuring parameters for 26 sectors
The expert committee has recommended financial parameters including aspects related to leverage,…
3 mins read
One-time loan restructuring dilemma - RBI won’t commit, and India Inc won’t stop asking for it
RBI’s dilemma is choosing between what former governor Raghu Rajan once called “deceptive bankin…