Page 4 - Loan Default

What steps did the govt take to prevent MSMEs from defaulting on loans?

Two important steps have been taken in this regard by the govt

Stimulus 2.0: Banks will monitor solvency, guarantees cool credit risk fear

While the issue of providing liquidity to existing borrowers who are sapped of revenues has been addressed, banks will have to undertake due diligence on the solvency of units, said bankers.

Vijay Mallya files appeal against extradition to India in loan fraud case

The leave to appeal to the Supreme Court is on a point of law of general public importance, which according to experts is a very high threshold that is not often met

Discretionary loans, cross-selling likely to reduce after moratorium

Larger challenge is to communicate to borrowers the difference between moratorium and waiver, say lenders

Credit disbursement: Banks face pressure to avoid large-scale slippages

Public sector bank executives point out that banks understand the need to provide critical support to borrowers hit by the lockdown, imposed to contain the spread of Covid-19.

From Tata Power to TVS, over 320 firms queue up for moratorium breather

Piramal, Tata Power, and TVS group units figure in list

RBI's EMI moratorium could give Rs 2.1 trn liquidity to companies: Report

'Sectors with higher leverage will be major beneficiaries'

Default-wary banks say won't use RBI funds for low-rated companies

The first TLTRO facility took place on March 27, and so far Rs 1 trillion has already been deployed.

RBI, Sebi split over default recognition; MFs, rating agencies seek clarity

In the absence of clarity, NBFCs are staring at huge repayment obligations at a time when their liquidity cover is declining

Sebi to provide clarity to MFs over treatment of corporate defaults

The move comes in the wake of rising redemption pressure, lack of activity in the bond market and fears of non-payment of dues by corporate houses

Pandemic distress

We need businesses up and running and people back at work - and swift extraordinary actions to make this happen

Uttam Galva defaults on Rs 664-cr loan; ArcelorMittal, SBI among creditors

UGSL, which shut its plants and operations after the lockdown was announced last month, said it has an outstanding of Rs 1,008 crore to its creditors

High-debt companies face risk of default amid coronavirus spread: Analysts

CFOs, analysts say moratorium on interest is key to tide over crisis

Around Rs 10.52-trn corporate debt at risk of default over slowdown: Report

The NSO has pegged the economic growth at 5 per cent for FY2019-20 in its second advance estimates released last week

Defaulted on a loan? Here's how you can deal with the burden of repayment

Don't be afraid to approach the lender for loan restructuring

Loan defaults mainly due to salary delays, biz downturns, says survey

The survey comes months after official data showed that unemployment is at a four-decade high, the pace of economic growth slipping to a six-year low

Sebi makes it mandatory for listed firms to disclose each loan default

Regulations on rights issue, portfolio managers revamped

Sebi approves stricter loan default disclosure norms for listed companies

Sebi would revise the norms for issuance of shares on right basis to existing shareholders

DHFL default cases land in Supreme Court as fixed-deposit holder files plea

A special leave petition in the SC was filed on Monday and it is expected to be listed in the next few weeks

MCA to probe Ludhiana's SEL Manufacturing over Rs 4,000-cr loan default

Officials have prepared SEL Manufacturing's assets list that includes a jet and a school