Lenders to withdraw debt recast if Future Group-RIL deal goes throughBanking sources said the debt recast is actually 'Plan B' to help the nation's largest retailer stay afloat. The recast will kick in only i...
23 Apr, 2021, 10.08 AM IST
Only 1% of Crisil-rated non-MSME companies may opt for one-time debt recastIn August, the RBI had allowed one-time restructuring for personal loans and for non-MSME corporate borrowers having an aggregate exposure ...
17 Nov, 2020, 03.13 PM IST
Discoms debt recast plan to save Rs 1.8 lakh crore a yearThe debt restructuring plan for discoms announced by the Centre last week would eventually lead to a saving of Rs 1.8 lakh crore annually.
11 Nov, 2015, 11.18 AM IST
Professional management a must for discoms; shun short-term fixes: Anil Razdan, former Power Secretary"The management must see to it that prudent decisions are being taken and that the AT&C losses come down. They also must make sure that pol...
06 Oct, 2015, 11.49 AM IST
Corporate debt restructuring Cell okays Rs 6181 cr debt recast of Electrosteel SteelsIt added that the Rs 611.91 crore term loan outstanding of Non-CDR lenders will be outside the purview of CDR.
30 Sep, 2013, 06.23 PM IST
- Clarification by Electrosteel on debt recast
Electrosteel has clarified that their Flash Report was discussed in details in the meeting of CDR EG on June 14, 2013 and has been admitted...
29 Jul, 2013, 07.06 PM IST
RBI norms for corporate debt recasts must not stifle enterpriseThis militates against the principle of limited liability: shareholder liability is limited to what they have invested by way of fullypaid-...
08 Jun, 2013, 04.00 AM IST
Suzlon Energy gets lenders' nod for Rs 14,000 crore debt recastSuzlon, which has piled up Rs 14,000 crore in debt - almost twice its equity base - has reported losses for the past three years.
18 Jan, 2013, 05.00 AM IST
- Tulip Telecom locked in upper circuit on debt recast talks
Tulip Telecom Ltd surged nearly 5 per cent to Rs 34.30 on Tuesday and was locked in its upper circuit limit.
01 Jan, 2013, 10.49 AM IST
Small companies rush for debt recast as growth slowsMost of these cases are from companies with debt of less than Rs 500 crore. In 2011, 87 companies with debt of Rs67,739 crore applied for d...
02 Oct, 2012, 12.20 PM IST
- Some lenders not keen to refer Deccan Chargers Holding for debt rejig
Some of the lenders of DCHL are not keen on a debt recast of the co owing to lack of clarity over the approach.
19 Sep, 2012, 06.58 PM IST
RBI Group wants stricter norms for loan recastIt also said banks should refrain from converting debt into equity, seek higher sacrifice from corporates while restructuring loans.
21 Jul, 2012, 08.05 AM IST
- Mudra Lifestyle’s Rs 475-cr debt restructuring package approved by lenders
The lenders, including State Bank of India, Axis Bank and Oriental Bank of Commerce have agreed to sacrifice Rs 45.50 crore to recast the l...
08 Jun, 2012, 06.04 AM IST
- Bharati Shipyard gets lenders approval for 5,600-crore debt recast
Lenders of debt-laden Bharati Shipyard have approved a debt recast of Rs 5,600 cr after the empowered group of banks agreed to help the shi...
09 May, 2012, 02.33 AM IST
- Reshaping 20K cr debt: Banks offer new debt recast plan for Air India
Lenders to Nacil are softening stance on debt restructuring & have suggested that they could consider subscribing to public sector company'...
02 Feb, 2012, 06.30 AM IST
- RBI rules out special provisioning for debt recast
Despite mounting bad assets being witnessed by many lenders, RBI ruled out any special dispensation on provisioning norms in case of debt r...
01 Feb, 2012, 09.48 PM IST
- Spandana's debt recast cleared
A consortium of private lenders has approved Spandana Sphoorty Financial's debt restructuring worth Rs 2,296 crore and has increased the lo...
02 May, 2011, 06.51 AM IST