The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR). This follows various steps taken to curtail the virtually unchecked flow......
Almost a third of loans that banks have given to microfinance institutions have been admitted for restructuring.This follows the inability of MFIs to repay.The Corporate Debt Restructuring cell has......
The sharp economic downturn and liquidity crunch, especially since October 2008, put enormous strain on the financial health of Indian companies. While the level of non-performing assets for banks......
Tough market conditions and low valuations are the key hurdles for the Wockhardt management as it tries to tide over its debt problems. The stock of pharmaceutical major Wockhardt has dropped 11......
Govt asks lenders to focus on all defaulters not just high-profile ones Banks have given a stern message to companies under debt restructuring, especially steel firms: Shape up or ship out.The......