EXTERNAL COMMERCIAL BORROWING
Altico Capital defaults on Rs 138 crore debt repayment
Altico Capital’s financial stress first came to light in September when it defaulted on interest payments on an external commercial borrowing of Rs 20 crore.
RBI seeks to push rupee in global play
The RBI on Friday relaxed norms for the opening of special non-resident rupee (SNRR) accounts and perm...
Muthoot Finance expects over 15% AUM growth after Q3 and Q4: George Alexander Muthoot
We have already grown by Rs 1,300 crore of portfolio in...
Tata Motors shares zoom 17%; m-cap rises Rs 7,103 cr post Q2 earnings
It was the top gainer on both Sensex and Nifty.
Altico and Mashreq approach RBI against HDFC Bank
Altico Capital had early last month said it defaulted on an interest payment to Mashreq Bank.
Rs 20,000 cr enough to see through the completion of stuck projects: Keki Mistry, HDFC
The creation of the fund as well as the clarification on ECB are very good measures.
SBI chief slams 'selfish' private sector bank for Altico crisis
The default by Altico has resulted in concerns over the wider implications.
DHFL and Altico default on bond repayments
The default by DHFL is towards principal and interest on non-convertible debentures (NCDs) worth Rs 350 crore issued by it.
Nirmala Sitharaman's booster shot for real estate sector: Key takeaways
Can Saturday's measures, along with the ones announced earlier, provide a real and tangible solution to Indian realty problems like stalled ...
Government announces Rs 10,000 crore special window for completion of non-NPA housing projects
The funding will be for non-NPA and non-NCLT housing in affordable and middle income category.
Full Text: RBI keeps powder dry, maintains status quo; here's why
Overall liquidity in the system remained in surplus in October and November 2019, MPC said.
Foreign borrowings double to $4.98 billion in July: RBI
Indian firms had raised $2.18 billion in borrowings from overseas markets in July 2018.
External commercial borrowings drop 20% in April
Of the total ECBs in April, $2.66 billion was raised through automatic route.
Fullerton India Credit aims to raise $250-300 million via offshore loan
Singapore’s DBS Bank and Japan’s MUFG and Mizuho banks are helping the company arrange the syndicated loan.
RBI relaxes end-use stipulations for corporates and NBFCs under ECB framework
Eligible borrowers will now be allowed to raise following ECBs with a minimum average maturity period of 10 years for working capital purposes and general corporate purposes.
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