Borrowings

Debt-ridden Reliance Communications' shareholders approve Rs 50,000 crore cap on borrowing limit

RCom owes over Rs 40,000 crore to a group of 38 lenders, including Chinese banks, and was resolving the debt through a strategic debt restructuring (SDR) process.

Project Sashakt: Creating a bigger bad asset market is a good idea; but who will do the bankrolling?

Project Sashakt's success hinges on the Modi government's ability to push out a scheme that can generate sufficient investor interest.

The great Indian banking circus: A guide on how to use the Aam Aadmi and Mr Fraud counters

The common man’s role in this saga is to pay taxes on time to help refuel banks, so that lenders don’t run out of funds to feed Mr Fraud.

Andhra Pradesh CM Chandrababu Naidu urges Centre to relax FRBM norms, seeks more borrowings

Andhra Pradesh Chief Minister N Chandrababu Naidu urged the Centre to relax the limit set by the Fiscal Responsibility and Budget Management (FRBM) Act.

Rise in oil cos' loans means widening of fiscal deficit

With the government's compensation for subsidised sale of fuel not forthcoming, the state-run oil firms have been heavily borrowing from banks to pay for their crude oil imports.

Why govt is easing overseas borrowing rules for cos

India is looking to make it easier for companies to raise funds by allowing them to issue rupee bonds that are guaranteed from offshore entities, while easing some of its overseas borrowing rules.

S&P downgrades Greece on delays in budget implementation

Ratings agency Standard & Poor's on Tuesday revised Greece's outlook to negative, saying the debt-ridden eurozone country could need more help from its international creditors.