Monday, February 20, 2023

Over 94% value erosion found in 165 IBC liquidation case

The value erosion is surprising because lenders always make sure there is a margin or promoter's contribution before granting a loan. If a bank extends a loan for a Rs 1,000 crore investment, it ensures a promoter contribution of Rs 200 crore.

from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/bHFD1NI

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12th India-bound ship crosses Hormuz, one more on way

from India News | Latest India News Today & Real-time News from India, India Breaking News https://ift.tt/uDScV7P