#corporate-debt
SBI-led consortium tells Bombay HC Mallya owes over ₹8,700 crore; counters his claim of recovering more than dues
A consortium of banks led by SBI has told the Bombay High Court that ₹8,751.86 crore remains recoverable from Vijay Mallya, despite ₹10,270 crore recovered so far. The disclosure counters Mallya’s claim that lenders have recovered more than his outstanding …
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.