The successful debt restructuring at Vedanta parent company Vedanta Resources, according to a recent report from…
Tag: debt restructuring
Sri Lanka announces $6 billion debt restructuring deal to secure IMF bailout
Sri Lanka on Wednesday said it had reached an “agreement in principle” with its lenders, including…
Vedanta open to revising proposal to delay payments on miner’s dollar bonds
After debt holders pushed back on initial terms, Vedanta Resources Ltd has told investors that they…
Compromised defaulter settlements are a worthy step
At the end of March 2018, Indian banking had a non-performing asset (NPA) ratio of 11.5%.…
World Bank will advocate changes to accelerate debt restructuring
The World Bank will push to solve poor countries’ mounting debt problems and present concrete proposals…
What to watch as India hosts G20 finance, central bank chiefs
The group of 20 executives is meeting in India’s technology hub of Bengaluru as consumer prices…
IMF says Sri Lanka needs to start debt restructuring talks with China
The International Monetary Fund (IMF) said Sri Lanka should initiate debt restructuring talks with its bilateral…
Whose good bank is bad?
How does accumulation of non-performing assets affect the functioning of the bank? Have bad banks been…