Majority of lenders of IL&FS Tamil Nadu Power Company seal loan recast dealThe master restructuring agreement (MRA) was approved by a majority of lenders last week. This envisages a loan repayment schedule up to Ma...
PSU banks ask for second restructuring window, lower provisionsIn a video conference with RBI governor Shaktikanta Das CEOs of all 12 public sector banks were unanimous in their request for a second rou...
Lenders approve Future Retail recast, to seek Kamath committee nodFuture Retail is the largest debtor in the group with about Rs 10,000 crore of outstanding dues. Together with two other listed companies n...
Waiver of interest charged during moratorium: SC asks Centre, RBI to hold meet in three daysA bench of Justices Ashok Bhushan, S K Kaul and M R Shah said the question is not of waiver of complete interest for entire moratorium peri...
SC seeks finance ministry's reply on waiver of interest on loans during moratorium periodThe top court said there are two aspects under consideration in this matter - no interest payment on loans during the moratorium period and...
MFIs to start recovering as rural cash flow improves: SBI‘Banks’ risk appetite should align with MSME & SME borrowers’
ET in the classroom: All you wish to know about FITLFITL is giving loan for repaying a loan. Here, a lender gives the borrower money to repay the interest component of the loan.
Unity Infraproj issues Rs 82.63 crore shares to lenders, promotersUnity Infraprojects has issued shares worth Rs 82.63 crore to lenders and promoters under its corporate debt restructuring (CDR) plan.
Twelve stocks in focus in Monday's tradeIndian markets are expected to trade lower. Here is a list of twelve stocks which are likely to remain in focus today.
Ten stocks in focus in Thursday's tradeIndian markets are expected to trade in a range. Here is a list of ten stocks which are likely to remain in focus today.
Sensex cuts gains after surging on Moody's outlook upgrade; ten stocks in focusSensex pared gains after rallying as much as 168 points, even though Moody's changed India's outlook to positive from stable.
IVRCL allots over 1 crore shares to Corporation BankIVRCL Ltd said it has alloted over one crore shares to Corporation Bank under the corporate debt restructuring plan.
Sensex rallies over 200 points on IMF outlook; 10 stocks in focus in Thursday's tradeThe BSE rallied as much as 252 points today, a day after IMF raised its growth forecast for the current fiscal year to 7.2%.
IVRCL allots first tranche of shares to CDR lendersInfrastructure major IVRCL Ltd today said it has allotted nearly 8.8 crore shares to the Corporate Debt Restructuring (CDR) lenders
Coal block auctions: Domestic steel makers seek bank loans for payment of penaltyDomestic steel makers battling the twin impact of low demand and high input prices are seeking bank loans for payment of penalty in case of...
FY14 outlook is a little more optimistic: Shyam Srinivasan, Federal Bank"The outlook remains encouraging. Retail and SMEs have continued to perform very strongly. "
- Banks offer loan restructuring to defaulting firms
Throwing lifelines to defaulting companies, banks are giving fresh loans to enable them to pay interest on old loans, and converting workin...