Adani Power will take over about 3,800 crore of loans out of a total of 5,800 crore that GMR Chhattisgarh Energy owes. It will also assume non-funded liabilities of about 1,400 crore
1 min read27 Aug 2018Nearly 1.32 trillion of bad loans are presently undergoing restructuring in the CDR cell
2 min read26 Jul 2018The 10% growth in non-food as of November should mean that all the oiling through interest rate cuts and gelling through pruning of spreads has resulted in stoking growth
1 min read27 Dec 2017The report says Indian banks’ total stressed loans — including bad loans and restructured or rolled over loans — rose 4.5% in the 6 months to end-June. In the previous 6 months they had risen 5.8%
3 min read10 Oct 2017IMF weighs into a renewed debate on tackling $130 billion in stressed loans in India's banking system
1 min read22 Feb 2017Standard Chartered is speaking with potential buyers for about $1.4 billion of stressed loans extended to Indian firms including GMR Infrastructure
3 min read11 Apr 2016The additional provisions will be mainly for gas and coal based power assets, which make up a majority of the company's stressed assets
1 min read1 Aug 2015The 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