India’s notorious ‘promoters’ – the local name for company owners – once made little distinction between their firm’s money and their own. A new law aims to put an end to all of that, but will it work? CT investigates
The India Banks Association wants to create a lenders’ consortium to monitor their own debt and ensure borrowers are adhering to pre-agreed rules and patterns.
India's central bank proposes change to rules that force subsidiaries to settle their own hedging transactions, a move that would cut costs and improve efficiency for MNCs.
The latest Asian corporate loan volumes and deal rankings in the region as of Sept 13, provided by Dealogic. The data is used as a guide of credit appetite among the region's lenders.
In an attempt to guide the country’s largest borrowers away from overdependence on bank loans, the Reserve Bank of India has moved to make bank facilities more costly for them.