Page 8 - Loan Restructuring News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Only a dozen large companies apply for Reserve Bank of India's coronavirus loan recast SECTIONS Share Synopsis The Future Group, Shapoorji Pallonji Group and SpiceJet are among those who will apply for loan restructuring. Besides these, there are a couple of thermal power generating companies, a couple of toll road projects, and companies in the textile sector. (This story originally appeared in on Jan 01, 2021)MUMBAI: Around a dozen large borrowers have applied for the RBI’s loan restructuring scheme for those affected by Covid stress. The deadline for corporates and individuals to make...

NPAs: Cleaner of banks or killer of Indian economy? December 12, 2020, 7:08 PM IST HP Kumar is the former Chairman & Managing Director of The National Small Industries Corporation Ltd. NPAs, the abbreviated term, popularly used for ‘Non-Performing Assets’ among Banks and borrowers is turning out to be a draconian provision for the entire business community. The Bankers are equally petrified of this application, as it not only eats away their good money, but, also frightens them by its implications with many a times, seeking their personal accounta...

Indefensible loan restructuring that kept them on the hook for half a billion dollars. the white house says on top of the e-mails they have already provided over a thousand pages of solyndra related documentation. improper white house int peer rance was the initial investigation. one of the things that bathers me the most is they were concerned about whether news of solyndra's layoffs before the med term elections or not more than they were financing companies like this even if they weren't viable was a good one or not. >> the congressman thinks there's still a lot of stimulus money out ther...

Workers, and, republican investigators are saying the sad truth is that the loan was tainted by stimulus politics from the outset, rushed out the door from the protests of the administration's top experts and layoffs delayed until after the 2010 election and an indefensible loan restructuring, which left taxpayers on the hook for half a billion dollars and the white house says there is no support for the allegations of political favoritism and improper white house interference that were the initial focus of the committee's concerns. dong man darrell issa, chair of the house oversight committee...