RBI Discusses With SEBI To Allow Mutual Funds To Sell Debt To ARCs
The Reserve Bank of India (RBI) is in discussions with the Securities and Exchange Board of India (Sebi) to allow mutual funds to sell their...
Tag : debt
Govt Of India To Reduce Utilities Debt By $75 Bn
The main suggestions mandate that regulators determine prices based on market costs, expand the number of utilities operating within the same circles, and specify payment...
Altico Capital Net Loss at Rs 368 Cr in First Half of FY19-20
Altico Capital India Ltd, which defaulted on interest payments in September reported a net loss of Rs 368.12 Cr for the first half of financial...
Forever 21 Prepares for Potential Bankruptcy Filing
The global fashion retailer company Forever 21 Inc. is preparing for a potential bankruptcy filing as its cash dwindles and turnaround options fade. The company...
Rupee Strengthens in Opening Trade on US-China Trade Talks
The Indian rupee has strengthened slightly against dollar tracking gains among its Asian peers as traders assess the latest remarks from the US on trade...
DHFL’s Lenders To Get Together On July 1
To seek a solution for the Rs 90,000 crore debt that is owed to the lenders of troubled non-banking finance company Dewan Housing Finance Corporation...
In DHFL Debt Downgraded To ‘Default’ For Over Rs. 1 Lakh Crore
All outstanding borrowings of Dewan Housing Finance Ltd. has set to ‘Default’ grade by Care Ratings as the non-bank lender missed interest payments on non-convertible...
Integrated Debt Of State-Run OMCs Hits Five-Year High Of Rs 1.62 Trillion
All together consolidated taking of oil-marketing majors Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL) touched a five-year high of...
Paid Over Rs 30,000 Crore To Creditors Since September, Says DHFL
Dewan Housing Finance Corporation refuted “unwarranted speculation” over its debt repayment ability, saying it has made payments of over Rs 30,000 crore towards interest and...
Banks Put Up Rs 1.3 Lakh Crore Of Bad Loans On Sale To ARCs
Banks have piled up nearly Rs 1.3 lakh crore of bad loans for sale to asset reconstruction firms (ARC) in the last fiscal, amid delays...