The unprecedented increase will see total global corporate debt jump by 12% to around $9.3 trillion
In notes to its consolidated results for FY20, the list of debt on which it has defaulted, or has delayed payments, includes 33 different lenders and non-convertible debenture (NCD) series.
Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs
This will make it tough for many of them to service their fixed costs, such salary and wages, as well as interest on their loan.
The NSO has pegged the economic growth at 5 per cent for FY2019-20 in its second advance estimates released last week
Double-digit returns from these instruments boost tier-1 plans
The MCA has received several representations from companies including JSW and Tata Steel regarding issues that cropped up after the closure of the insolvency and bankruptcy process
The combined debt of these 12 large accounts was Rs 3.45 trillion; the amount realised so far is Rs 1.01 trillion. The liquidation value of these 12 large accounts was Rs 73,220 crore
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt
Investors looking to shift funds to firms with comfortable debt levels
Seshagiri Rao pointed out a clarification on immunity to corporate debtor was required as there could be claims from other departments of govt which could eventually result in some problem
Move comes in view of big debt overhang in two sectors; companies unwilling
McKinsey researchers found more companies had shifted to bond market financing after the 2008 crisis
It is clear that while the aim of Mr Jaitley's efforts is laudable, the focus and methods are misguided
80 firms with debt of Rs 5 lakh crore unable to service interest cost
Dealings worth Rs 4.28 lakh crore in corporate bonds were reported on the top two bourses NSE and BSE
Figure stood at nearly Rs 5 lakh crore in the first five months of 2013-14, while it was Rs 3.90 lakh crore in the corresponding period of 2014-15
Wiser from experience, RBI has come up with revised norms - the Scheme for Sustainable Structuring of Stressed Assets (S4A) - to address these cases
India's business houses ranked 11 to 20 are giving lenders a bigger headache than the top 10