November 06, 2024 04:37 (IST)
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Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region

Bandhan Bank sells bad loans worth Rs 8,897 cr to ARC

Mumbai/IBNS: Bandhan Bank on Friday announced the sale of its stressed loans, worth Rs 8,897 crore, to an asset reconstruction company (ARC) for Rs 801 crore.

IFSCA sets up committee for creating a Framework for transfer of stressed loans

New Delhi/IBNS: International Financial Services Centres Authority (IFSCA) has set up a committee to examine and recommend measures to create a framework for transfer of stressed loans from domestic lenders to permitted financial institutions in IFSC.