bad debts

Next RBI chief faces balancing act on bank clean-up

India`s next central bank chief faces a tricky task completing a bank clean-up spearheaded by outgoing Governor Raghuram Rajan, while coping with the demands of a government that is desperate to see a revival in lending to businesses.

Jun 27, 2016, 15:24 PM IST

Cyprus parliament adopts crucial foreclosure bill

The Cypriot parliament adopted Saturday a controversial bill to streamline bank foreclosures of bad debts, as well as a second bill to protect first residences and small businesses.

Sep 06, 2014, 21:21 PM IST