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About 833 results for "reconstruction of financial assets"

Leela lenders sell Rs 3,880 cr loans to JM Financial
Business Standard

JM Financial ARC pays Rs 846 cr upfront for Hotel Leela loans

Adopts aggressive payments strategyMumbai 04 JulyIn an aggressive pricing strategy, JM Financial Asset Reconstruction Company has paid Rs 846 crore, over 20 per cent of total purchase value, upfront to acquire loans to Hotel Leelaventure Ltd from ... Business Standard, 3 weeks ago
Leela lenders sell Rs 3,880 cr loans to JM Financial Business Standard, 3 weeks ago

1 images for "reconstruction of financial assets"

Sify, 4 months ago

Leela Group sells Kochi IT Park to Carnival Group for Rs 280 crore

Earlier this month, a consortium of its 14 lenders, sold loans worth around Rs 3,880 crore to JM Financial Asset Reconstruction Company. MUMBAI: A company owned by the promoters of Leela Group has sold an IT Park in Kochi to Mumbai-based Carnival Group for Rs ...
 Economic Times3 days ago Group sells Kochi IT Park to Carnival Group for Rs 280 crore  Times of India3 days ago

Ashima signs term sheet with Asset Reconstruction Company

Ashima Ltd has informed BSE that:1. The Company has signed a term sheet for settlement of secured debt, with one of its secured lenders, namely Asset Reconstruction Company (India) Limited ("ARCIL"). It envisages payment of settlement amount in ...
 Moneycontrol.com1 week ago Ashima  Hindu Business Line1 week ago Ashima Ltd signs term sheet for settlement of secured debt  Equity Bulls1 week ago Ashima signs term sheet with ARCIL for settlement of secured debt  Indian-Commodity1 week ago
MSN Canada

Sanctions update: OFAC extends asset freeze and introduces new sanctions on energy and financial sector

The US Treasury Department's Office of Foreign Assets Control ("OFAC") has imposed several new Ukraine-related sanctions as of July 16, 2014. Significantly, the new sanctions impose restrictions on certain types of dealings by US persons with ...
 Lexology6 days ago Sanctions against Russia: implications for your company (cumulative update as of July 17, 2014)  Lexology2 days ago Update on developments regarding the U.S. and EU ukraine-related sanctions and export controls  Lexology2 days ago Pushing Ukraine to the Brink  CounterPunch1 week ago

Finmin mulling plan to form company to take over bad loans

The Finance Ministry is considering a proposal to set up a National Asset Management Company that may act as a nodal agency for taking over bad loans of banks and help revive sick units. There is a proposal to form such an entity, for which public sector ...
 Sify1 month ago Finance Minister plans new firm for bad loans  Asian Age1 month ago Finmin considering plan to form company to take over bad loans  The Financial Chronicle1 month ago Finmin to form company to take over bad loans  Rediff.com1 month ago

Sharp rise in NPA sales to ARCs under lens

A sharp rise in sales of bad loans by banks to asset reconstruction companies (ARCs) has made the Reserve Bank of India put under its scanner the practices adopted by both. The regulator suspects banks could be using the option of issuing securities receipts ...
 Sify4 weeks ago

Banks sell Rs 22,000 crore stressed assets in FY14

Banks and companies sold stressed assets worth Rs 22,000 crore — a record — in the financial year 2013-14, as bad loans mounted in the system in a slowing economy. Of this, assets worth Rs 10,000 crore were sold in February and March. Industry officials ...
 The Financial Chronicle2 months ago ARC markets see bold moves by newer entities  Smart Investor4 days ago
Asian Connection

EU leaders order tougher sanctions against Russia

The leaders, meeting in Brussels, also agreed to act together to suspend financing of the new European Bank for Reconstruction and Development operations in Russia. European leaders also signaled their willingness for the first time to go after ...
 Investor's Business Daily1 week ago Europe ought to back US sanctions against Russia  Gulf News6 days ago EU leaders order stricter sanctions for Russia over actions in Ukraine  CTV News1 week ago European Union leaders order escalation of sanctions on Russia over actions in Ukraine  Alaska Highway News1 week ago

Bankers pitch for a National Asset Management Co

Concerned over rising bad loans, heads of banks and financial institutions today suggested creation of National Asset Management Company which could act as a nodal agency to deal with the problem. "There were some suggestions on setting up of National Asset ...
 The Financial Chronicle1 month ago

SOMFY : Sales for the first six months of the 2014 financial year

Sales (€ millions) 2014 Reconstructed 1 2013 Published % change Reconstructed 2014 Published 2 2013 Pro Forma 3 Variations Pro Forma % change Like-for-like 4 1 st quarter 255.2 ...
 4 Traders3 days ago
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