Inter Creditor-agreement

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Inter Creditor-agreement - Total results - 5
DHFL's bondholders get three-week deadline to be on board with rescue plan evaluated by banks
Business

DHFL's bondholders get three-week deadline to be on board with rescue plan evaluated by banks

DHFL has already submitted a resolution plan to its committee of core creditors, which is currently being evaluated,

Suzlon Energy defaults on $172 mn bond payment, company in talks with global private equity funds to sell stake
Business

Suzlon Energy defaults on $172 mn bond payment, company in talks with global private equity funds to sell stake

Suzlon's creditors, led by the country's biggest lenders State Bank of India, are studying a one-time settlement plan offered by the company, said sources

NPA resolution: Sunil Mehta-led panel to issue operational guidelines for inter-creditor agreement
Business

NPA resolution: Sunil Mehta-led panel to issue operational guidelines for inter-creditor agreement

The inter-creditor agreement (ICA), under the Project Sashakt, seeks to resolve loans under Rs 50 crore or more which are under consortium lending but under Rs 500 crore

Bad loans crisis: Nearly 24 lenders sign new NPA resolution framework under Project Sashakt
Business

Bad loans crisis: Nearly 24 lenders sign new NPA resolution framework under Project Sashakt

ICA to aid banks, financial institutions fighting bad loans that are sniffing at 12 percent of the system, to take concerted efforts towards resolving dud loans under Rs 500 crore.

Project Sashakt: Banks finalise inter-creditor agreement to fast track non-performing asset resolution
Business

Project Sashakt: Banks finalise inter-creditor agreement to fast track non-performing asset resolution

The agreement, a part of Project Sashakt, will be taken to boards of respective banks and would be cleared in a couple of days, said PNB non-executive chairman Sunil Mehta