Page 3 - Loan Repayment

Future Enterprises defaults on Rs 2,835-crore loan repayment

Debt-ridden Future Enterprises Ltd (FEL) on Friday said it has defaulted on payment of Rs 2,835.65 crore to various banks and lenders.

Future Enterprises defaults on Rs 19.16-crore loan repayment

The due date for payment of Rs 19.16 crore was March 28, FEL said in a regulatory filing

Banker's Trust: Has crony capitalism hijacked bad loan resolution?

If bankers move fast and preserve the enterprise value of defaulting companies, recovery rate will improve even as the new insolvency law, much like the GST, remains a work in progress

Debt cut strategies useful for borrowers but they come at a cost

Loan restructuring and moratorium increase interest outgo

Godawari Power and Ispat turns debt free, pays all long-term loans

Godawari Power and Ispat Ltd (GPIL) on Tuesday said it has become debt-free by repaying all its long-term loans

RBI's Covid relief: SFB loans to MFIs get priority sector status

Special liquidity for SFBs to help low-income groups, say experts

Covid-19 second wave: Should you avail of RBI's relief on loan repayment?

If you opt for restructuring, your interest cost will rise and there could be other charges

A hale and hearty banking sector but...

More than banks, most of which have the balance sheet strength to stomach bad loans, it is the borrowers who will suffer once they are branded as defaulters since no lender will give them fresh money

Fewer defaults on EMI payments by consumers in March, shows NACH data

According to the data released by the National Payments Corporation of India, 32.76 per cent of all auto-debit transactions in volume terms failed in March compared to 36.6 per cent in February

Banks will need to refund Rs 4,500 cr compound interest to borrowers

This follows Reserve Bank of India's directive to banks to refund compound interest levied during six-months moratorium, according to Kotak Institutional Equities

Bad loan recognition likely to weigh on stocks of public sector banks

Earnings improvement over two quarters was without proportionate lending growth

Best of BS Opinion: Loan moratorium case, AT1 bonds may lose sheen & more

Here's a selection of Business Standard opinion pieces for the day

SC lifts NPA standstill, rejects moratorium extension and interest waiver

No interest on interest on moratorium loans

Bank stocks lift indices after Supreme Court order on loan moratorium

Reversing last session's losses, the 30-share BSE Sensex ended 280.15 points or 0.56 per cent higher at 50,051.44

Judicious decision

SC judgment will end uncertainty in the banking system

RBI extends deadline to apply for umbrella entity on retail payments

The deadline has been pushed by over a month to March 31 in view of the pandemic

Airlines seek easier Kamath panel's parameters on loan restructuring

Have sought intervention of Ministry of Civil Aviation for fresh credit lines

Flashback 2020

Bankers have been talking about near-normalcy in collection of loan repayments and very few stressed borrowers going for loan restructuring. This gives us hope for 2021

Economy well placed to capitalise on recovery in 2021, says K V Kamath

In an interview with Abhijit Lele, K V Kamath'said India needs to be mindful of the pain that exists in the self-employed category and those with unsecured loans

Mahindra's Ssangyong misses loan repayment of Rs 480 cr to JP Morgan

M&M, which owns a 75 per cent stake in SYMC, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010 but has struggled to revive its fortunes