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Bad debt: SC asks finance ministry to explain steps taken for recovering NPAs

Bad debt: SC asks finance ministry to explain steps taken for recovering NPAs

SC has also asked the Finance Ministry to inform as to what safeguards it is bringing in to curb bad debt.

Sebi seeks stricter compliance with rating disclosure norms

Sebi seeks stricter compliance with rating disclosure norms

In order to safeguard small investors' interest, regulator Sebi is planning to put in place a mechanism to ensure prompt and proper disclosure of changes in credit ratings of listed firms, especially those with bad debt.

Public sector banks should disclose details of bad debts: HC

Public sector banks should disclose details of bad debts: HC

Public sector banks should disclose details of cases pertaining to persons and establishments whose bad debts of over Rs 100 crore have been written off, the Delhi High Court has held.

ICICI Bank to sell 11-kg pledged gold to recover loans

Country's largest private sector lender ICICI Bank will auction this month gold jewellery weighing over 11 kg, pledged by more than 150 borrowers, who have defaulted on their payments.