#debt-resolution
Non-banks drive asset reconstruction purchases amid retail loan stress
Driven by tighter corporate debt supply and flexible pricing from non-banks, debt resolution firms are taking on larger volumes of small-ticket retail loans to free up lender capital.
HDFC Bank, LIC Housing Finance to contest Zee resolution
HDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payment from Subhash Chandra as guarantor. Several lenders had opposed this repayment plan, which was approved by the major…
Resonance eyes growth revival in offline coaching after debt clean-up
KKR-backed Resonance says over 90% of its ARC-led debt resolution is complete, paving the way for an offline-focused revival as Kota’s coaching sector regains momentum.