What is four balance sheet problem?
The roots of India's Four balance sheet challenge can be traced back to the Twin balance sheet problem. Subramanian discussed the twin balance sheet challenge in great detail in the Economic Survey of 2016-17. Twin balance sheet problem was a result of India's over-leveraged companies and bad loan-saddled public sector banks.
JM Financial net income jumps 14.6% in December quarter
The company's total income inched up 0.52 per cent to Rs 905.45 crore.
Market Movers: GE T&D India, L&T Tech jump, ITI dives 7%; 40 stocks flashes ‘buy’ signals
Shares of Canara Bank edged 0.83 per cent higher to...
If I was not a minister today, I would be bidding for Air India: Piyush Goyal
Air India has been in the red for long and the government is now in the process of finalising the contours for its disinvestment. Responding to a query about proposed disinvestment of Air India, BPCL and other companies, Goyal said in the first term, the government had inherited an economy which was in pretty terrible shape.
Shriram Capital halts three-way merger after RBI request
The unlisted Shriram Capital, which counts billionaire Ajay Piramal and private equity firm TPG Capital as investors, was planning to combine with its publicly traded units Shriram Transport Finance Co. and Shriram City Union Finance Ltd.
View: A $21 billion telecom war comes down to just $2
New Delhi wants nearly $21 billion in back license fees and spectrum usage charges, including penalties, interest.
Sluggish bond market is the latest headache for borrowers
Prospects of flat issuance is bad news for PM Modi’s efforts to revive sagging growth.
9 reasons you are unable to build a big investment corpus
If you are just not saving up, know that it is not because you have a low salary. Poor spending habits, flawed notions about investing, or plain ignorance and laziness are more likely to be the reasons you are unable to build a big corpus.
Unitech takeover by govt unlikely to set any precedent: Sandeep Parekh
Unitech is only one of the hundreds of developers which are stressed today and so I do not think it is possible for any government to rescue the top 100 developers in the country. There is no practical possibility of the government taking over the top 3-4 companies and bailing them out. So it is unlikely to set any precedent.
Bad loan sale to ARCs falls in FY19 to Rs 57,508 crore
Recovery rates yielded by major resolution mechanisms except Lok Adalats declined in 2018-19.
Why Deven Choksey continues to bet on ICICI Bank, SBI and Bajaj Finance
In the NBFC space, we have always liked housing finance companies (HFCs) and some of the companies have been performing better. They have been continuing to grow at around 20% in an environment where GDP growth is below 5%. If your growth rate is 20% plus and the credit book is growing, it is a good proposition to buy into.
There's no free lunch, can't promise to grow 20% in sectors with negative growth: Dinanath Dubhashi, L&T Finance
We do not think there will be further margin expansion. This also includes some income from assets which comes once in a while. It is not a one-time extraordinary income, it just does not repeat every quarter. We have always guided this to be around 6.7-7%. We should have no problem keeping it this level which is more sustainable.
Deutsche Bank-led group a step closer to Jindal India deal
The sector has been hit hard by oversupply in recent years, a consequence of a costly push to bridge India’s once chronic power deficit and expand reach to under-supplied rural areas. Power generators form a significant chunk of India’s $130 billion bad loan pile.
Wanna play safe? Look at debt-free stocks that rallied up to 122% in 2019
Of the 95 names in the BSE500 index that have debt-equity ratios close to zero or zero.
Bad loan provisioning may swell by Rs 30,000 crore in Q3
DHFL, Reliance Home Finance, KKR-backed CCD and CG power could add to the woes of Indian banks .
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