Recent Highlights
All Stories for Commercial Papers
Cox & Kings defaults on Rs 174-cr commercial papers; second instance in four week's time
• 6 years agoOn 1 July, Cox & Kings had said in a filing that company's working capital situation was stretched in the last few months,
Cox & Kings defaults on repayments on commercial papers fourth time in three weeks; shares at record low
• 6 years agoThe first Cox & Kings default on commercial papers worth Rs 150 crore was declared on 27 June 2019, a day after the date of actual default
ICRA's re-rating of commercial papers not merit-based and unwarranted: DHFL
• 6 years agoDewan Housing Finance Corporation Ltd (DHFL) on Wednesday expressed concerns over ICRA's re-rating of its commercial papers (CPs) citing it is not merit-based and is unwarranted
Retirement funds investing in IL&FS: IBC order of priority can’t be blamed for funds' folly and greed
Smurlidharan • 6 years agoIn the light of the IL&FS fiasco, employees must also be asked to give their consent to bonds and commercial papers.
Top 50 NBFCs need Rs 70,000-cr in November to redeem commercial papers: Crisil report
• 7 years agoCommercial paper or CPs are short-term debt with one to three months maturity.
Cash-strapped IL&FS Financial Services declares 7 fresh defaults of Rs 395 cr
• 7 years agoIL&FS crisis: Eight charts present financials, other details of cash-strapped infrastructure conglomerate
Kishork123 • 7 years agoThe IL&FS has come under the scanner of multiple regulators, including SEBI, for alleged defaults related to financial disclosures and corporate governance.
Root cause of NPAs is mega PSB loans: With funds distributed in dollops, reforms to sanctions will bode well for the sector
Muralidharan • 7 years agoBank loans are not meant for big ticket borrowers and the government should shut the PSB doors to loans to big industrial houses.