Anurag Joshi Bloomberg
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Credit Market's Big Worry After Bankruptcy Law Paused Over Virus Crisis
Credit investors are concerned that some weaker borrowers may use the temporary suspension of insolvency laws to delay payment
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A Niche Loan Market Hasn't Been This Quiet in 14 Years
There has been only one deal in the rupee syndicated market since April 1, of about Rs 4,000 crore on ($530 million), putting this quarter on track for the lowest tally in fourteen years.
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Another Source Of Cash Dries Up For Indian Companies Amid Virus Crisis
The Covid-19 crisis has further crimped options for foreign-currency funding, worsening a credit crunch sparked by the collapse of shadow lender IL&FS in 2018.
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COVID-19: Franklin Templeton Shuts 6 Indian Funds, Locks In $4.1 Billion
Franklin Templeton is shutting six fixed-income and credit-risk funds run by its Indian unit, locking in Rs 308 billion ($4.1 billion).
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Top Financiers Score Overseas Loans Despite Shadow Banking Crisis: Report
Highly-rated firms including Tata Capital Housing Finance Ltd., L&T Finance Ltd. and Fullerton India Credit Co. have sought loans in the global market in recent months.
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Crisis Among Shadow Banks Pushes Up Funding Costs Overseas: Report
India's slowest economic growth in six years has prompted predictions for deeper interest-rate cuts, but that's yet to translate into easier borrowing conditions at home for the shadow lenders.
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Foreign Investors Face Wipeout As Rupee Becomes Asia's Worst Performer
Any sell-off in foreign holdings of Indian corporate and government bonds may set off a spin which weakens the currency further.
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Anil Ambani Plans Rs 21,700-Crore Asset Sales To Cut Massive Debt: Report
Reliance Infrastructureis seeking Rs 9,000 crorefrom the sale of nine road projects
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Top Bad-Debt Buyer Edelweiss To Focus On Soured Consumer Loans: Report
Edelweiss Asset Reconstruction Co. is setting up a team for that and seeks to start purchases in 2019, Chief Executive Officer Raj Kumar Bansal said.
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How Credit Rating Agencies Missed The Epic Unraveling Of IL&FS: Report
IL&FS Group is a vast conglomerate with a complex corporate structure that funds infrastructure projects across world's fastest-growing major economy.
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Good Days For India Inc In Foreign Loan Market May Soon End: Report
Companies may get cheaper borrowing costs through the club arrangements. But doing so makes them reliant on a smaller group of banks, creating the risk that any shift in those lenders' willingness to extend funds could hamstring the firms.
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With $207 Billion In Bad Loans, Banks Start Tougher Rules For Borrowers
Lenders are stepping up efforts to have safeguards in place as they struggle to clean up $207 billion of stressed loans in the system.
-
Credit Market's Big Worry After Bankruptcy Law Paused Over Virus Crisis
Credit investors are concerned that some weaker borrowers may use the temporary suspension of insolvency laws to delay payment
-
A Niche Loan Market Hasn't Been This Quiet in 14 Years
There has been only one deal in the rupee syndicated market since April 1, of about Rs 4,000 crore on ($530 million), putting this quarter on track for the lowest tally in fourteen years.
-
Another Source Of Cash Dries Up For Indian Companies Amid Virus Crisis
The Covid-19 crisis has further crimped options for foreign-currency funding, worsening a credit crunch sparked by the collapse of shadow lender IL&FS in 2018.
-
COVID-19: Franklin Templeton Shuts 6 Indian Funds, Locks In $4.1 Billion
Franklin Templeton is shutting six fixed-income and credit-risk funds run by its Indian unit, locking in Rs 308 billion ($4.1 billion).
-
Top Financiers Score Overseas Loans Despite Shadow Banking Crisis: Report
Highly-rated firms including Tata Capital Housing Finance Ltd., L&T Finance Ltd. and Fullerton India Credit Co. have sought loans in the global market in recent months.
-
Crisis Among Shadow Banks Pushes Up Funding Costs Overseas: Report
India's slowest economic growth in six years has prompted predictions for deeper interest-rate cuts, but that's yet to translate into easier borrowing conditions at home for the shadow lenders.
-
Foreign Investors Face Wipeout As Rupee Becomes Asia's Worst Performer
Any sell-off in foreign holdings of Indian corporate and government bonds may set off a spin which weakens the currency further.
-
Anil Ambani Plans Rs 21,700-Crore Asset Sales To Cut Massive Debt: Report
Reliance Infrastructureis seeking Rs 9,000 crorefrom the sale of nine road projects
-
Top Bad-Debt Buyer Edelweiss To Focus On Soured Consumer Loans: Report
Edelweiss Asset Reconstruction Co. is setting up a team for that and seeks to start purchases in 2019, Chief Executive Officer Raj Kumar Bansal said.
-
How Credit Rating Agencies Missed The Epic Unraveling Of IL&FS: Report
IL&FS Group is a vast conglomerate with a complex corporate structure that funds infrastructure projects across world's fastest-growing major economy.
-
Good Days For India Inc In Foreign Loan Market May Soon End: Report
Companies may get cheaper borrowing costs through the club arrangements. But doing so makes them reliant on a smaller group of banks, creating the risk that any shift in those lenders' willingness to extend funds could hamstring the firms.
-
With $207 Billion In Bad Loans, Banks Start Tougher Rules For Borrowers
Lenders are stepping up efforts to have safeguards in place as they struggle to clean up $207 billion of stressed loans in the system.
