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Recapitalisation Plan

SpiceJet in dire need of recapitalisation to revive operation: Report

The carrier has been strong in its pursuit of weathering the storm but it has faced a series of headwinds for more than three years. The company reported huge loss in April-June quarter

SpiceJet in dire need of recapitalisation to revive operation: Report
Updated On : 05 Sep 2022 | 7:25 PM IST

Banks may restart lending after Rs 70,000 cr boost but with caution

A significant portion of the capital provided would be tied up in boosting core capital and provisioning against bad debts which would limit the ability of bankers to lend

Banks may restart lending after Rs 70,000 cr boost but with caution
Updated On : 26 Aug 2019 | 12:44 AM IST

Letter to BS on Rs 880-bn recap money giving PSBs a long rope again

There are several reasons, including political interference and corruption for loans turning bad

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Updated On : 07 Feb 2018 | 11:18 PM IST