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About 36 results for "sdr"

Update: RCOM’s lenders now have rights to convert debt into equity

Here are key highlights from Reliance Communications press con...

Reliance Communications lenders have put its account on strategic debt restructuring (SDR) and have given time till December to shape up. CNBC-TV18#39;s Latha Venkatesh, Nisha Poddar and Ritu Singh analyze and share the key highlights from Anil Ambani#39;s ... Money Control, 2 months ago
Bankers to restructure RCom debt under SDR Money Control, 2 months ago

47 images for sdr

Money Control, 5 months ago
Money Control, 5 months ago
SleekMoney, 6 months ago
American Banking News, 6 months ago, 6 months ago, 6 months ago, 6 months ago, 6 months ago, 6 months ago, 6 months ago

RBI rejects lenders' plea to extend deadline for stake sale in

GMR Infrastructure Limited said that RBI has declined to extend the deadline to lenders of GMR Rajahmundry Energy Limited for the sale of their 55 per cent stake in a gas-based power project in Andhra Pradesh. A consortium of lenders led by IDBI Bank had put ...
 Business Standard5 days ago

10,000 anganwadi posts lying vacant, 34,000 centres yet to be made operational

Over 10,000 posts in the anganwadi services in the country are lying vacant. To add to it, more than 34,000 sanctioned anganwadi centres (AWCs) are yet to be operational. Of these, Bihar alone has 23,000 non-operational AWCs, while in Madhya Pradesh 7,343 ...
 DNA4 weeks ago

The debt threat lurking behind India's zombie power plants

MUMBAI - In the central Indian village of Raikheda, the construction of a thermal coal power plant once promised jobs and economic progress. Years after its completion though, the debt-saddled project that promised power supply to hundreds of thousands of ...
 Sify4 weeks ago

SBI chief minces no words, says NPAs not a crime

In a bold statement, State Bank of India chief Arundhati Bhattacharya (in pic) on Tuesday said NPAs shouldn’t be treated as a crime as failures are normal for entrepreneurs. “In India, NPA (non-performing asset) is treated as criminal, which it should not ...
 The Financial Chronicle1 month ago

RBI to suck out Rs 10k crore from markets

Close on the heels of foreign exchange reserves swelling by $4 billion (Rs 33,580 crore), the Reserve Bank of India (RBI) has decided to suck out liquidity from the economy, by conducting sale of government securities under Open Market Operations (OMO) for an ...
 Deccan Herald1 month ago RBI outlines framework to tackle Rs 10T bad debts  The Financial Chronicle2 months ago

Is the minority shareholders of stressed companies getting a raw deal?

Close to a million small shareholders have stake in nine NCLT-bound companies Illustration: Uttam Ghosh/ The Securities and Exchange Board of India (Sebi) has extended a helping hand to the Reserve Bank of India (RBI) in the war on stressed assets by relaxing a couple of regulations to enable a turnaround of distressed companies. After representations that the pricing and open offer obligations might put off potential investors in these companies, Sebi in its board meet recently ...
 Rediff.com1 month ago Sebi relaxes takeover rules for resolution of stressed assets FC Bureau  The Financial Chronicle1 month ago Sebi takes measures to deal with stressed companies  Deccan Herald1 month ago RBI meets top bankers on NPA resolution  The Financial Chronicle2 months ago

RBI sets rupee reference rate at 64.6025 against dollar

The Reserve Bank of India today fixed the reference rate of the rupee at 64.6025 against the US dollar and 71.9413 for the euro. The corresponding rates were 64.4672 and 71.9583, as on June 20. According to an RBI statement, the exchange rates for the pound ...
 Business Standard1 month ago

Forex kitty at life-time high of $381.167 bn

India's forex reserves surged by USD 2.404 billion to reach life-time high of USD 381.167 billion in the week to June 2 on account of rise in foreign currency assets, the Reserve Bank said today. In the previous week, the reserves had declined by USD 547 ...
 Business Standard2 months ago

PSBs need Rs 95K cr equity capital by March 2019

The news from public sector banks (PSBs) is getting gloomier. Rating agency Moody’s on Thursday said the 11 PSBs that it rates will require Rs 70,000-Rs 95,000 crore of external equity capital by March 2019. The amount is much higher than the Rs 20,000 ...
 The Financial Chronicle2 months ago
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