Search For "default"
Int'l investors perceive Pakistan as country with high debt default risk
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], May 26 (ANI): Pakistan is now perceived by the International investors as a country with high default risk at a time when the foreign exchange reserves by the State Bank of Pakistan (SBP) are down from USD 20 billion in August 2021 to USD 10.1 billion in nine months.
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Loansettlement.com launches new services offerings for debt counselling
Updated : 3 years, 9 months ago IST
New Delhi [India], May 24 (ANI/SRV): Loansettlement.com, India's leading debt settlement company helping customers in resolving their unsecured debt including credit card debt and personal loans, is launching new services offerings. Understanding the prevailing harsh tactics of debt collecti
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Foreign debt payments default will put pressure on banking sector: Sri Lan
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 13 (ANI): Reacting to the Sri Lanka government's temporary suspension of payment of all foreign debts, former Prime Minister Ranil Wickremesinghe said that this will place further pressure on the banking sector in the country.
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Writing off does not mean completely waiving money due from NPAs: Sitharam
Updated : 3 years, 11 months ago IST
New Delhi [India], March 29 (ANI): Finance Minister Nirmala Sitharaman on Monday said that writing off does not mean "completely waiving the amount" and banks follow up on loans to recover the outstanding dues.
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NCLT declares real estate developer Supertech insolvent for default of Rs
Updated : 3 years, 11 months ago IST
New Delhi [India], March 25 (ANI): National Company Law Tribunal (NCLT) on Friday ordered insolvency proceedings against real estate developer Supertech Ltd for default of Rs 431.92 crore.
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Sri Lanka's Central bank says country's banking system stable
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], March 24 (ANI): Sri Lanka's central bank on Thursday said that the island nation's banking system is stable after speculations that a state bank in the country had defaulted.
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Maharashtra: Nitin Raut announces restoration of electricity to defaulting
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 15 (ANI): Maharashtra Energy Minister Nitin Raut on Tuesday announced that electricity supply to farmers, which was once disconnected due to non-payment of dues, will be restored and no disconnections will take place till farmers harvest their crops. Read More
BJP govt to fulfil promise made by Congress, will bear cost of interest of
Updated : 4 years ago IST
Bhopal (Madhya Pradesh) [India], March 14 (ANI): Bharatiya Janata Party (BJP) will bear the cost of interest of the loans, after many farmers turned defaulters in hope of that loans up to Rs 2 lakh will be waived off under a scheme that was launched during the Congress government, said Ma
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Fitch downgrades Russia's long-term foreign-currency issuer default rating
Updated : 4 years ago IST
Moscow [Russia], March 9 (ANI/Sputnik): International rating agency Fitch Ratings said it has downgraded Russia's long-term foreign-currency issuer default rating to 'C' from 'B'.
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BJP helps defaulters who defraud banks for thousands of crores: TRS MLC Ka
Updated : 4 years ago IST
Kamareddy, Telangana [India], February 24 (ANI): Lashing out at the Bharatiya Janata Party (BJP) on Thursday, Telangana Rashtra Samithi (TRS) leader and MLC K Kavitha alleged that the BJP is number one in helping the defaulters who defrauded banks for thousands of crores.
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Man sentenced to four-year rigorous imprisonment for money laundering
Updated : 4 years ago IST
Chennai (Tamil Nadu) [India], February 16 (ANI): The Additional Special Court for Central Bureau of Investigation, Chennai, finally gave its judgement on convicted A.A.S. Haroon on Wednesday for the offence under the Prevention of Money-Laundering Act, 2002 and sentenced to undergo Rigorous
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CPEC Authority asks Pakistan's power company to pay overdue
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 1 (ANI): The China Pakistan Economic Corridor Authority (CPECA) has urged the Central Power Purchasing Agency-Guaranteed (CPPA-G) to pay overdue receivables of IPPs established under CPEC, warning that the plants may go into default because of rising prices of
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