Stellantis Supplier CLN Seeks 90% Writedown on Its Bank Debt
Italian car-parts manufacturer CLN-Coils Lamiere Nastri SpA asked bank creditors to write down about 90% of their unsecured ...
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Responsible borrowing and risk management key to avoid debt trap, say experts
Retail lending, particularly in the unsecured segment such as personal loans and credit cards, has been under scrutiny in recent months. With the Reserve Bank of India flagging concerns and tightening ...
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PH launches US dollar bond offering to fund 2025 budget
The Philippine government on Thursday launched a benchmark-sized bond offering, its first offshore debt transaction this year. The benchmark 10-year bonds ...
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PHL taps global debt market with dollar, euro bonds
THE Philippine government is tapping the global debt market for the first time this year, offering benchmark-sized dollar and euro bonds to raise fresh funds ahead of “potential uncertainties” in the ...
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NPAs of Indian banks likely to decline by another 0.4 per cent by March: Fitch
The gross non-performing assets (NPAs) ratio of Indian banks may decline by another 0.4 per cent to 2.4 per cent by March 2025 followed by a further 0.2 per cent dip in the next financial year, ...
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Money Minute: Getting out of debt
The company takes your unsecured debts, usually credit cards, and helps get a reduction in big interest rates through an established relationship with the card companies.
Large Indian NBFIs poised to outperform amid economic and regulatory challenges: Fitch Ratings
India large non-bank financial institutions NBFIs are better positioned to weather economic and regulatory challenges compared to their smaller counterparts ...
Don’t let uneven access to credit get in the way of Viksit Bharat
India needs to chart a path for small-ticket formal credit for underserved customers. The penetration of unsecured lending is ...
Fitch: Softer economy, tighter bank funding to hit NBFIs’ credit growth
Fitch Ratings predicts challenges for smaller NBFIs due to regulatory tightening, while larger lenders are expected to ...
NPAs may rise 25% in this and next fiscals over FY24 on rising stress in unsecured retail books
The increasing stress levels in unsecured retail loan books of banks can spiral out of control and create asset quality risks this fiscal to the tune of 25 perc ...
Profits at Indian banks dented as RBI curbs retail loans
Some large Indian lenders’ earnings have been more robust. Kotak Mahindra Bank’s shares jumped more than 9 per cent on Monday after it posted a 10 per cent rise in quarterly profit, even as money set ...
Getty Realty Corp. Announces Expanded $450 Million Credit Facility
The Credit Facility will mature in January 2029, with Company options to extend the maturity date to January 2030, and includes an accordion option that allows the Company to request additional lender ...