Latest News on Cdr
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Cdr - Total results - 35
Jul 05, 2012
Corporate debt restructuring grows 3-fold at Rs 68k crAmid growing financial difficulties of the corporate a shocking 87 cases were recorded with an aggregate debt of about Rs 68,000 crore (over $ 12 billion) were referred for Corporate Debt Restructuring.
May 22, 2012
Banks to get tough on corporate debt recastThe letter comes at a time when corporates, battling huge debt and shrinking cash flows, are knocking on the doors of banks to revamp their debts to avert the defaulter tag.
Apr 13, 2012
Debt recast for loss-making Hotel Leela likely this monthThe Mumbai-based operator of luxury hotels has not made payments on its loan since late January. After three months without payment, lenders are required to classify loans as non-performing.
Apr 12, 2012
Alarm bells for India Inc: CDR shoots to Rs 64,434 croreThe number of cases referred to the CDR has witnessed an eight-fold increase since 2008.
Jan 30, 2012
Lenders likely to approve Essar Oil's exit from CDR debt todayAccording to sources, the company has agreed to pay a recompense amount to its lenders to get out of the restructuring bracket that was implemented in 2005.