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.

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...

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 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...

Vacancies in tribunals: SC asks high courts to hear pleas filed before DRT, DRAT

Dec 16, 2021

New Delhi [India], December 16 : The Supreme Court on Thursday asked the high courts to hear pleas that are filed before Debts Recovery...

Hacks of managing debts with Smart Gain

Jun 17, 2021

New Delhi [India], June 17 (ANI/SRV Media): The Covid pandemic has created a huge discrepancy in people's financial situations due to job losses and...