Failing to repay a personal loan can lead to significant financial repercussions and negatively impact your…
Tag: loan default
Struggling to repay your loan? Understand your borrower’s rights
Loan default: With digitalisation, getting credit is now easier and faster, offering convenient access to financial…
Jaiprakash Associates defaults on ₹4,044-crore loans
Jaypee Group’s flagship firm Jaiprakash Associates on 7 July infirmed that the firm defaulted on loans…
Jaypee Group’s Flagship Firm Defaults On Rs 4,044 Crore Loans
Jaiprakash Associates Ltd said it has been taking tangible steps to reduce borrowings. (Representational) New Delhi:…
RBI rule allowing banks to settle with willful defaulters is misleading
A few days ago, Rajeshwar Rao, deputy governor of the Reserve Bank of India (RBI), told…
PIMCO saddled with $1.7 billion default in office-market meltdown
In 2021, the asset-management firm known as Pimco made a comeback into the office-market. Interest rates…
Credit Challenges: On Credit Flows and All-round Capital Expenditure
The Reserve Bank of India’s ‘Report on Trends and Progress of Banking in India’ paints a…
Sudden change of heart may also be unconstitutional
A poster of All India Bank Employees Association (AIBEA) recently surfaced on social media. It provides…
Yes Bank may sell Ritz Bengaluru after loan default
The Ritz Carlton Hotel in Bengaluru, which was developed by NEL Holdings South Ltd (formerly Nitesh…
Future Enterprises defaults on interest payment of non convertible debentures
Future Enterprises Ltd. has defaulted in payment of interest payable on non-convertible debentures New Delhi: According…