The report also said the trend in the loan recovery rate is also going down
China's property debt crisis is entering a new phase as even developers that had long been considered safer rapidly tumble into distress
Co to hive off part of debt, receivables to a SPV; to hold 49% stake in SPV
Tata Realty to raise Rs 6,000 cr as fresh debt
Its consolidated external debt reduced by about Rs 13,500 crore during FY22 to Rs 23,475 crore as on March 31
Case related to a company that challenged insolvency proceeding against it for delaying payments to borrower
Argentina's Senate gave final legislative approval Thursday for President Alberto Fernndez's administration to refinance government's $45 bn debt with International Monetary Fund and avoid a default
The lenders are planning to close the deal within the next two weeks by voting on both revised proposals
The collapse of the talks for the landmark building's sale is another setback for cash-strapped Evergrande
Chinese authorities are urging Evergrande to step up asset disposals and the resumption of projects, Zou Lan, head of financial markets at the People's Bank of China (PBoC), told a briefing
Once China's top-selling property group, Evergrande is facing one of the country's largest-ever defaults as it struggles with more than $300 billion of debt
Uncertainty over firm's over $300-bn debt load continues to plague investors
Bond purchases by overseas investors under the uncapped Fully Accessible Route, climbed to Rs 35 billion ($476 million) in August, the highest this year
Extended and severe economic slowdown seems probable, say economists
Fears about inflation and uncontrolled rises in long-term yields, a risk not flagged by participants at all in last year's Annual Reserve Manager Survey, were raised by 57% of respondents this year
Big debt and low income in the countryside will hold back any economic recovery the government is trying to generate and also dent private savings and investment for longer than expected
The new institution, which is set to start operations by end of June, is likely to handle stressed debt worth $27 billionover time, which would be about a quarter of non-performing debt load
Anupam Rasayan has repaid debt worth Rs 530 crore from the net proceeds of its recently completed initial public offering and will clear an additional Rs 30 crore debt by next quarter
The DHFL saga has put the spotlight on the legal ambiguity in accepting bids beyond stipulated deadlines
Sri Lanka owes about $960 million to India and earlier this year India agreed to a $400 million currency swap facility for Sri Lanka until November 2022