Page 2 - Loan Refinancing
No refinancing, liquidity issues, says Adani to calm jittery investors
Adani has rejected the concerns in detailed rebuttals of the Hindenburg report's allegations and criticism that it had unsustainable debt
 "No refinancing, liquidity issues, says Adani to calm jittery investors")
RE firms may use rupee loans to refinance $3 bn overseas green bonds
Costly overseas funds forcing them to tap domestic sources
 "RE firms may use rupee loans to refinance $3 bn overseas green bonds")
Adani Green announces raising JPY denominated facility to refinance debt
Facility supported by MUFG Bank and Sumitomo Mitsui Banking Corporation with equal participation
 "Adani Green announces raising JPY denominated facility to refinance debt")
Adani group to refinance ACC, Ambuja Cement debt of $3.5 billion
Adani currently holds 63.15 per cent stake in Ambuja Cement and 56.69 per cent in ACC
 "Adani group to refinance ACC, Ambuja Cement debt of $3.5 billion")
Farmers' average income grew 1.3-1.7x between FY18 and FY22, says SBI study
Adds that farm loan waivers benefitted just 50% of farmers since 2014; MSP has been instrumental in boosting incomes
 "Farmers' average income grew 1.3-1.7x between FY18 and FY22, says SBI study")
IL&FS approves Siva Shelters's proposal to restructure loan to subsidiary
Siva Shelters offers to pay 20% of settlement amount immediately on signing of agreement
 "IL&FS approves Siva Shelters's proposal to restructure loan to subsidiary")
RBI move to allow loan recast at project level to benefit realtors: Experts
Move will help restart projects stuck due to Covid-19. Both buyers and developers will stand to gain when these projects eventually see the light of day
 "RBI move to allow loan recast at project level to benefit realtors: Experts")
HLFL in talks to raise up to $100 million to support growth: Sachin Pillai
"A full-fledged turnaround should be in place by the end of the last quarter or spilling over to the next FY," said Sachin Pillai, Managing Director & Chief Executive Officer, HLFL
 "HLFL in talks to raise up to $100 million to support growth: Sachin Pillai")
NBFCs may see rise in refinancing as RBI allows loan restructuring: Report
A higher quantum of restructured assets would clearly reflect higher asset quality challenges for NBFCs and can restrict their ability to mobilise funds from banks and capital markets
 "NBFCs may see rise in refinancing as RBI allows loan restructuring: Report")
Debt recast to give relief to Rs 3 trn retail, small corp debt: Crisil
Agency says RBI move on restructuring will help soften Covid-19 impact on banks' asset quality. Without this, gross NPAs could have touched a two-decade high of 11.5% by March 2021
 "Debt recast to give relief to Rs 3 trn retail, small corp debt: Crisil")
All for liquidity: Watch every rupee, chase dues, and refinance debt
Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs
 "All for liquidity: Watch every rupee, chase dues, and refinance debt")
NTPC to raise Rs 4,374.10 crore via bonds to fund capex, refinance loans
The proceeds will be utilised for funding of capital expenditure, refinancing of existing loans and other general corporate purposes, the company said in a regulatory filing
 "NTPC to raise Rs 4,374.10 crore via bonds to fund capex, refinance loans")
NBFCs to use RBI's liquidity boost to focus on refinancing debt obligations
On Friday, the Reserve Bank of India (RBI) came up with policy measures to ensure there is enough liquidity in the system
 "NBFCs to use RBI's liquidity boost to focus on refinancing debt obligations")
Saudi working with HSBC, JPMorgan and others to refinance its $10 bn loan
Saudi Arabia approached banks last month with requests for proposals to refinance its $10 billion loan
 "Saudi working with HSBC, JPMorgan and others to refinance its $10 bn loan")
