debt crisis

IL&FS Crisis: Accounts cannot be declared NPA without NCLAT nod

IL&FS Crisis: Accounts cannot be declared NPA without NCLAT nod

New Delhi: No bank or financial institution can declare the accounts of debt-ridden IL&FS and its group companies as non-performing a...Read More

ILFS Crisis: The Great Indian NBFC Circus

ILFS Crisis: The Great Indian NBFC Circus

Contrary to the well-known phrase – ‘Once bitten, twice shy’, Indian regulators and market participants have seemed to have missed it to ...Read More

Crisis-hit IL&FS may be put on the block

Crisis-hit IL&FS may be put on the block

New Delhi: The government is considering selling Infrastructure Leasing and Financial Services (IL&FS) or divesting some of its asset...Read More

Greece faces temporary exit from eurozone in case of no deal

Greece faces temporary exit from eurozone in case of no deal

London : Eurozone leaders have reportedly presented a ‘draconian’ bundle of austerity measures before Greece that will entail a surrender...Read More

Greek PM Alexis Tsipras calls Barack Obama to discuss debt crisis

Greek PM Alexis Tsipras calls Barack Obama to discuss debt crisis

Washington: US President Barack Obama has asked the European and Greece leaders to strike a deal on the debt crisis that can benefit the ...Read More

Greek debt crisis to have limited impact on India: Rajan

Greek debt crisis to have limited impact on India: Rajan

Chennai: India will see limited impact of the debt crisis in Greece as it has little direct exposure to the European nation, RBI Governor...Read More

Irresponsible in Greece

Irresponsible in Greece

Irresponsible and amateurish- that is how one would describe the handling of the debt crisis by Greek Prime Minister Alexis Tsipras. It i...Read More

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USD 13 bln rescue package for Cyprus

Brussels: The euro zone finance ministers today reached a deal on a 10 billion-euro (13 billion dollars) financial rescue package for  de...Read More

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