Corporate debt restructuring

CORPORATE DEBT RESTRUCTURING NEWS

China assures Sri Lanka of support in debt restructuring

March 27, 2024 3:23 pm

China is Sri Lanka's largest bilateral lender owning 52 per cent of the USD 40 billion external debt when Sri Lanka announced its sovereign default in 2022.

Covid-19 impact: Rs 15.5 lakh crore corporate loans come under stress

September 08, 2020 10:04 am

The Kamath panel has said companies in sectors such as retail trade, wholesale trade, roads and textiles are facing stress. The sectors that have been under stress pre-covid include NBFCs, power, steel, real estate and construction among others.

Corporate debt restructuring: 291 accounts for Rs 1,72,463 crore fail

January 23, 2018 1:29 am

Loan recast packages for over Rs 61,000 crore failed in 12 months ended September 2017.

Gammon lenders start debt to equity swap

November 24, 2015 1:21 am

Gammon India had announced a major loan restructuring exercise in 2013 under which it would convert debt totalling over Rs 14,800 crore into equity and lenders would be issued shares worth over Rs 4,500 crore.

Debt bailout: Packages of more than 40 cos worth Rs27K cr fail in FY15

May 22, 2015 2:34 am

Only 5 firms with debts of Rs1,399 crore managed to exit corporate debt restructuring successfully.

Banks clear Pipavav debt recast just days before closure of CDR window

March 27, 2015 1:35 am

With banks approving the proposal, the company will get moratorium on repayment, interest rate reduction and fresh working capital.

Debt recast scheme failing, NPAs may cross R30K crore

February 24, 2015 2:46 am

Troubled cases rise to 121 in four years, bankers fear more to come..

Orchid gets nod for debt recast, sees growth momentum

March 16, 2014 1:49 am

The restructuring process would be implemented by an appointed monitoring committee of CDR lenders.

Lanco gets nod to recast over Rs 7,000 crore debt

December 24, 2013 2:23 am

The CDR plan is only for Lanco Infratech and excludes the group firms.

Bank loan recast has gone 'out of control',says RBI's B Mahapatra

November 16, 2013 4:44 pm

The overall asset restructuring in the banking system has touched Rs 3.25 lakh crore as of June.

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