Over 94% value erosion found in 165 IBC liquidation case

-
The value erosion is surprising because lenders always make sure there is a margin or promoter's contribution before granting a loan. If a bank extends a loan for a Rs 1,000 crore investment, it ensures a promoter contribution of Rs 200 crore.

from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/LlYP6fV

Comments

Post a Comment

Popular posts from this blog

Community spread? Delhi says Centre to confirm

-
Image
The two dreaded words — community spread — brought to the fore a difference of opinion between the Centre and the state government at a meeting of Delhi Disaster Management Authority to discuss the Covid-19 situation in the capital at the lieutenant governor’s office on Tuesday. from Delhi News & Coronavirus Live Updates: Latest Delhi News Headlines & Coronavirus News Updates from Delhi - Times of India https://ift.tt/3hcPbaD
Read more

Junk plan to pay defence pensions in instalments, SC tells government

-
Image
The Supreme Court on Monday remained firm on the withdrawal of the defence ministry's January 20 decision to pay pension arrears to retired servicemen in four instalments and said that the letter could not have been issued by taking law into its (MoD's) own hands and in the teeth of the apex court's orders directing full disbursement of arrears by March 15. from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/uXjNVLA
Read more