China may seize Kenyan asset amid mounting debts

Oct 22, 2022

Nairobi [Kenya], October 22 : Accumulated Chinese loans pushed Kenya near default and Beijing may seize Kenyan assets if it could not pay its...

India's household debts surge on back of housing loans, rising trend of unsecured lending

Sep 14, 2024

Amid concerns about India's rising household debts a recent report by Care Edge Ratings highlighted that the increase in household debt is primarily driven...

Huge loans that countries owe to China may actually never get repaid, says analyst

Nov 13, 2022

Writing for the InsideOver publication, Federico Giuliani, said that three-fifths of the world's developing countries are now having considerable trouble repaying loans or have...

SC to examine Shylockian attitudes over money lendings

Jul 26, 2024

The Supreme Court has agreed to examine the issue over lenders entertaining Shylockian attitudes and said that it will regulate such instances and rescue...

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...

Mallya receives fresh blow as judge denies appeal to dismiss bankruptcy proceedings

Jan 13, 2021

London [UK], January 13 : The UK High Court today refused an appeal by the fugitive businessman Vijay Mallya to dismiss the bankruptcy petition...