Nigeria in turmoil over China's debt-trap diplomacy

Aug 16, 2020

Abuja [Nigeria], August 16 : Africa's largest economy is in turmoil over the prospect of 'losing' its sovereignty to China over bad debts.

Bank of India suffers a loss of Rs 3,571 crore in Q4 on bad debts

Jun 25, 2020

Mumbai (Maharashtra) [India], June 25 : Government-owned Bank of India on Thursday reported a net loss of Rs 3,571 crore in the quarter ended...

Chinese govt faces crisis involving thousands of unfinished apartments amid rising bad debts: Report

Jan 11, 2023

People are now refusing to repay their mortgages and price declines in the existing-home market are the sharpest in nearly a decade, according to...

SBI Q3 net profit drops 7 pc to Rs 5,196 cr on higher provisions

Feb 04, 2021

Mumbai (Maharashtra) [India], February 4 : Government-owned State Bank of India (SBI) on Thursday reported 7 per cent year-on-year drop in net profit at...

Bajaj Finance Q4 profit down 19 pc to Rs 948 crore on higher provisions

May 19, 2020

Mumbai (Maharashtra) [India], May 19 : Bajaj Finance on Tuesday posted a consolidated profit after tax for Q4 FY20 at Rs 948 crore, down...

Chinese regional banks sell mortgaged assets amid property sector bad loan crisis

Sep 07, 2024

Amid a declining property market in China, regional banks are offloading non-performing real estate loans despite government pressure to support the housing sector. As...