Patel Engineering Debt News

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Banks invoke S4A to recast Patel Engineering’s Rs2,963.5 crore debt

Under the S4A norms, Patel Engineering's debt of Rs2,963.5 crore will be categorized into two partsRs1,724 crore of sustainable and Rs1,239.5 crore of unsustainable debt

2 min read14 Nov 2017

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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

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