Page 20 - Debt
How to detect debt trap and exit it before it hurts your credit score
It is unwise to hang on to assets even as your liabilities keep growing due to high interest charges
 "How to detect debt trap and exit it before it hurts your credit score")
Stabilising stressed firms
A formal bankruptcy process stabilises the stressed firm, and directs the energy of lenders into the right channel
 "Stabilising stressed firms")
The world is only delaying the inevitable by not dealing with bulging debt
Inventive policymaking has only made the problem worse, guaranteeing that any eventual restructuring will be all the more painful
 "The world is only delaying the inevitable by not dealing with bulging debt")
Punjab govt asks Centre to set up panel to review Rs 31,000 cr debt
Debt incurred for foodgrain procurement during the previous Akali Dal-BJP regime
 "Punjab govt asks Centre to set up panel to review Rs 31,000 cr debt")
Debt returns take a knock
It may be a good time to either increase allocation to fixed income or move money to equities
 "Debt returns take a knock")
Fund raising via debt placement up 25% to Rs 6 lakh cr in 2016
In terms of numbers, a total of 3,366 issues were made in 2016 as compared to 2,953 in the year 2015
 "Fund raising via debt placement up 25% to Rs 6 lakh cr in 2016")
Debt funds pip equities for second year
The average two-year debt fund return is 10.2% against 3.3% for equity funds
 "Debt funds pip equities for second year")
Invest in debt, say fund managers as rate cut hopes rise
Debt funds are reaping the benefit of a rally in bond prices after the govt's demonetisation announcement
 "Invest in debt, say fund managers as rate cut hopes rise")
Govt to manage borrowings through PDMA in 2 years
Move is in line with steps announced by the government recently
 "Govt to manage borrowings through PDMA in 2 years")
The curse of debt
States must not stray from fiscal discipline
Top 10 corporate groups owe Rs 5.73 lakh cr to lenders
Govt has approved establishment of six new Debt Recovery Tribunals to speed up the recovery of bad loans
 "Top 10 corporate groups owe Rs 5.73 lakh cr to lenders")
Repayment time to peak soon for market loans
Bengal, some others to face new and swelling debt headache from FY18
 "Repayment time to peak soon for market loans")
Debt MFs' G-sec exposure hits 13-month low in April
Around 12.4 per cent of the total debt assets under management (AUM) was invested in government paper
 "Debt MFs' G-sec exposure hits 13-month low in April")
DRT vs Vijay Mallya: Debt recovery laws prevail over bank's confidentiality clause with clients
Debt Recovery Tribunals have powers of a civil court under Civil Procedure Code, 1908
 "DRT vs Vijay Mallya: Debt recovery laws prevail over bank's confidentiality clause with clients")
RBI's proposed norms likely to squeeze credit for high debt firms
Proposed framework to progressively reduce the total exposure of banks to heavily indebted companies likely come into effect from financial year 2017-18
 "RBI's proposed norms likely to squeeze credit for high debt firms")
Global watchdog flags slow 'too big to fail' bank rule adoption
Many countries have not introduced laws allowing regulators to write down bank's debts to avoid taxpayer bailouts
 "Global watchdog flags slow 'too big to fail' bank rule adoption")
Sri Lanka under Rs 9.5 trillion debt burden: PM Ranil
He said a capital gains tax would be imposed and a uniform VAT would be charged at 15 per%; ending some exemptions
 "Sri Lanka under Rs 9.5 trillion debt burden: PM Ranil")
Debt sales jump to record Rs 3.43 lakh cr in Apr-Dec
According to data collated by Prime Database the money was mobilised by 470 institutions and corporates
 "Debt sales jump to record Rs 3.43 lakh cr in Apr-Dec")
