Mysuru: The Mysuru farmers’ association staged a protest on Tuesday against the alleged auctioning of a farmer’s house despite him having repaid a loan.. HT Image Farmers said Doreswami had got a loan of ₹15 lakh in 2013 from Krishnarajanagara branch of Karnataka Gramin Bank where he offered his house deed as collateral. They claimed that while Doreswami made regular …
Mumbai: Two subsidiaries of IL&FS Transportation Networks Ltd have decided to stop debt repayments and have sought refunds of debt repaid after 15 October, India Ratings said Tuesday, warning such action would lead to a default rating and threaten infrastructure project finance using special purpose vehicles. India Ratings said the two subsidiaries wrote to their debenture trustees last week citing …
Essar Global has now repaid about Rs 6,300 crore to ICICI Bank, Axis Bank, and Standard Chartered Bank. New Delhi: Essar Global Fund Ltd, the holding company of Essar Group, Monday said it has repaid all its overseas debt after it paid back the last tranche of Rs 12,000 crore to its various Indian and foreign lenders. Over the past …
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