Business  /  Published 07.08.20

RBI: 4 in debt recast panel

The RBI has said lending institutions should ensure the resolution under the one-time facility is extended only to borrowers facing stress in their accounts because of Covid-19.  Accounts which ...
By Our Special Correspondent in Mumbai

Business  /  Published 06.08.20

Seal on debt recast

The RBI on Thursday conceded to a major demand of banks labouring under the burden of a moratorium scheme and announced a one-time loan restructuring mechanism. This facility will be available to adv...
By Our Special Correspondent in Mumbai

Business  /  Published 03.08.20

McLeod on verge of resolving debt issues

McLeod Russel, India’s largest bulk tea producer, is inching towards the resolution of its debt woes as two of its largest lenders seem to be coming on board for a comprehensive restructuring of...
By Sambit Saha in Calcutta

Business  /  Published 26.07.20

Managed debt can help with your savings

Successive rate cuts by the banking regulator have rendered certain popular categories of term deposits quite meaningless, especially when viewed against advancing inflation. Lower interest rates and...
By Nilanjan Dey in

Business  /  Published 24.07.20

No plan to monetise debt, says Tarun Bajaj

Economic affairs secretary Tarun Bajaj on Thursday  said the  monetisation of debt —  where the RBI buys bonds to finance the government’s spending — was not on the ag...
By Our Special Correspondent in New Delhi

Business  /  Published 21.07.20

IL&FS lays out road map for debt resolution

Infrastructure Leasing and Financial Services (IL&FS) Group expects to resolve over Rs 57,000 crore of its debt, which is more than 50 per cent of its overall debt of Rs 99,000 crore. Of this, th...
By in Mumbai

Business  /  Published 17.07.20

Real debt down after decades

Debt in real terms in the hands of individuals and entities other than the government and financial companies fell in the fourth quarter of 2019-20 — the first contraction  in at least two ...
By Our Special Correspondent in Mumbai

Business  /  Published 16.07.20

Reliance Industries: Zero net debt target surpassed

Reliance Industries Ltd (RIL) is now a “truly zero net debt” company following the capital raising at Jio Platforms and the rights issue, and it will now look forward to only adding strate...
By Our Special Correspondent in Mumbai

Business  /  Published 24.11.19

Debt pile mounts in realty

The preference among buyers to go for completed projects, lack of investor interest and placid prices of property are forcing realtors to load more debt on their books, pushing many of them into bankr...
By Sambit Saha in Calcutta

Business  /  Published 11.01.19

Jet Airways' payment delays draw lessor ire

Crisis talks between cash-strapped Jet Airways Ltd and aircraft lessors have failed to ease a row over late payments, prompting some lessors to explore taking back the aircraft, three people familiar ...
By Reuters in Singapore


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