E-PaperCo Borrower News
RBI's moratorium to hurt corporate borrowers
SBI says corporate customers who had availed loan will have to pay the 4-month interest by the end of June, failing which they will be classified as Special Mention Account 1SBI is exploring the option of initiating a dialogue with Indian Banks' Association to allow restructuring of working capital loans in the case of businesses which have been affected
1 min read1 Apr 2020RBI wants banks to discipline Indian corporates on working capital
RBI wants companies to meet their working capital needs first through demand loans so that banks can predict their outflow
2 min read18 Jun 2018Only co-owners can avail tax benefits of a home loan
Each co-borrower can claim this benefit to the tune of Rs1.5 lakh, but the combined claim cannot increase the total principal repaid during the year
1 min read13 Dec 2017RBI mandates unique code for all large corporate borrowers
RBI has directed lenders not to renew or enhance the credit facilities of borrowers who do not obtain an LEI code within a given time frame
1 min read3 Nov 2017Insolvency proceedings against 10 firms address a fifth of IOB’s bad loans, says MD
IOB has began insolvency proceedings against 10 corporate borrowers, bringing a fifth of its gross bad loans under the resolution process, said R. Subramaniakumar
2 min read18 Jul 2017Corporate borrowers run to the markets as banks wilt
Funds raised through corporate bonds sales surged 40% to Rs3.31 trillion in the year through March from the prior 12 months, says report
3 min read24 May 2017Corporate debt worth Rs6.7 trillion face risk of default: India Ratings
Nearly half of the top 500 corporate borrowers in India may be unable to refinance their debt that matures in fiscal 2017, says the India Ratings report
3 min read22 Jun 2016RBI plans to tighten rules for large corporate borrowers
RBI says the proposals are aimed at 'mitigating the risk posed to the banking system on account of large aggregate lending to a single corporate'
1 min read12 May 2016Indian firms require Rs7 trillion equity infusion to deleverage: India Ratings
It will be hugely challenging for these corporates to improve their leverage levels even moderately, says agency
1 min read3 Dec 2014RBI rate hike squeezes corporate borrowers
Rate hike sends bond yields up by as much as 71 bps and make already-scarce funding even tighter
3 min read25 Sep 2013Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared