The continuing stress faced by corporate India has weakened their debt-servicing capability and this is reflected in the banks' books, as yet-burgeoning bad loans.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
'I believe having the right attitude, working hard for what you want and taking no for an answer gets you over any hurdles that are on the path to success.'
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.