Andy Mukherjee Column

BharatPe, a barely three-year-old payments startup, is going to be the half-owner of a bank in India - a prize that has eluded many of the country's pedigreed tycoons.

Of the 15 firms facing long-contested demands, most have shut down, sold out or ended up insolvent. All eyes are now on Vodafone Idea.

More loan losses lie around the corner. With 40 per cent of deposits coming from fickle wholesale sources, solvency and liquidity risks are high.

A year after the collapse of IL&FS Group, a specialist infrastructure financier, the crisis of confidence is getting worse.

A $22 billion reduction in net debt (to reach zero) will require more than Aramco's cash.

Supreme Court on Tuesday struck down a controversial 2018 directive from the Reserve Bank of India, which gave lenders a 180-day deadline to resolve non-performing loans.

BharatPe, a barely three-year-old payments startup, is going to be the half-owner of a bank in India - a prize that has eluded many of the country's pedigreed tycoons.

Of the 15 firms facing long-contested demands, most have shut down, sold out or ended up insolvent. All eyes are now on Vodafone Idea.

More loan losses lie around the corner. With 40 per cent of deposits coming from fickle wholesale sources, solvency and liquidity risks are high.

A year after the collapse of IL&FS Group, a specialist infrastructure financier, the crisis of confidence is getting worse.

A $22 billion reduction in net debt (to reach zero) will require more than Aramco's cash.

Supreme Court on Tuesday struck down a controversial 2018 directive from the Reserve Bank of India, which gave lenders a 180-day deadline to resolve non-performing loans.