loan default
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December 23, 2020, Wednesday
Retail credit has experienced an increase in serious delinquencies: Report
Loans against property and credit cards are the most affected segments
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November 22, 2020, Sunday
Sical Logistics defaults on Rs 281 crore loan and interest to lenders
Default amoubt excludes a recalled borrowing of Rs 241.48 crore, due to non-compliance of certain covenants of the loan agreement
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November 09, 2020, Monday
Future Lifestyle Fashions defaults on NCD payments worth Rs 31 cr
The gross principal amount on which the default has occurred is Rs 350 crore
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October 04, 2020, Sunday
Need restructuring, not bankruptcy
Most stressed lenders should go into restructuring with the IBC being its bedrock
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September 30, 2020, Wednesday
Pause in IBC, internal issues halt takeover of stressed projects
Big developers are in wait-and-watch as leveraged developers have made use of the six-month loan moratorium, effectively avoiding ...
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September 29, 2020, Tuesday
Future Enterprises reports default on interest payments of NCDs again
FEL, which is having financial troubles, had last week also informed default on interest payment of another non-convertible ...
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September 24, 2020, Thursday
Auditors seek fine-tuning audit report guidelines, approach Sebi, NFRA
The new disclosures and assessments are a part of the Companies (Auditor's Report) order, or CARO, effective this financial year
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September 18, 2020, Friday
Future Enterprises defaults on commercial paper repayment worth Rs 90 cr
"The delay in reporting is due to efforts being made by the company to make payment by mobilising certain funds to make payment ...
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September 07, 2020, Monday
Future Group arm defaults on debt repayment of Rs 22 cr due September 5
In a regulatory filing, the company said it has been unable to service its obligations towards payment of principal redemption ...
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September 07, 2020, Monday
SBI invokes personal guarantees of Bhushan Power & Steel promoter
Action against Sanjay Singal comes within days of the Finance Ministry asking banks to invoke personal guarantees in all ...