Debtors
Debtors News
Business
Zee stake sale: Essel Group promoters get three-month window from lenders, creditors to find a buyer
As of 31 December 2018, ZEE promoters owned 41.62 percent shares in the company of which 59.37 percent are pledged with lenders
Business
IMF urges India to strengthen ability of banks to go after debtors, warns that debts negatively impact investments
"The corporate debt overhang and associated banking sector credit quality concerns exert a drag on investment in India," the IMF's World Economic Outlook report released on Tuesday said.
International
Red alert: Argentina default imminent as talks with holdout creditors break down
Argentine banks scrambled to put together a proposal to buy out the non-performing debt held by hedge funds and avert a default. <br />