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Byju's, lenders agree to complete term loan amendment by August 3

Byju's, lenders agree to complete term loan amendment by August 3

Mon, Jul 24, 2023

"We are pleased to make progress with BYJU'S toward a completed loan amendment.  This announcement is consistent with our stated goal of working constructively with BYJU'S management to protect the value of the franchise," the steering committee of ad hoc term loan lenders said.  

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Byju's Financial Feud with Lenders: A Timeline of Key Events

Byju's Financial Feud with Lenders: A Timeline of Key Events

Wed, Jun 07, 2023

Byju's, the world's most valuable edtech start-up, faces a financial feud with lenders, leading to a series of consequential actions.

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Lenders mull 90-day extension to close Reliance Capital resolution process

Lenders mull 90-day extension to close Reliance Capital resolution process

Wed, Apr 06, 2022

Lenders on Wednesday discussed a proposal for 90 days of extension to close the resolution process of debt-ridden Reliance Capital Ltd (RCL) promoted by the Anil Ambani Group, sources said.

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TRENDING NOW

Indian banks to start debt recovery proceedings against Future Retail -sources

Indian banks to start debt recovery proceedings against Future Retail -sources

Tue, Mar 22, 2022

Indian lenders are set to initiate debt recovery proceedings against Future Retail this week to safeguard their interests after rival Reliance unexpectedly took over some of the retailer`s stores.

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Big relief for Anil Ambani, lenders agree not to sell pledged shares till September

Big relief for Anil Ambani, lenders agree not to sell pledged shares till September

Mon, Feb 18, 2019

This segment of Zee Business brings to you latest on Anil Ambani who has got big relief after a 'standstill agreement' with banks in which lenders agree not to sell pledged shares till September. Watch full video to know more.

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Bad news, if you have settled your loan; here is what you must do

Bad news, if you have settled your loan; here is what you must do

Thu, Sep 06, 2018

Sifting through the best interest rates available on education loans, he finally selected one to apply to. However, within a few hours he was informed that the loan has been rejected due to a “settled” status reflecting in his credit report.

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5 ways you can save money on home loans

5 ways you can save money on home loans

Tue, Jan 23, 2018

'Disclaimer: This story is for informational purposes only and should not be taken as investment advice.'  

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Banks may sell stressed loan accounts to ARCs in absence of bidders

Banks may sell stressed loan accounts to ARCs in absence of bidders

Tue, Jan 09, 2018

As many as 28 stressed loan accounts may be sold to asset reconstruction companies (ARCs) by banks in the absence of suitable bidders. These accounts were asked to resolve or send to bankruptcy courts for launch of insolvency proceedings by the central bank.  

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Reliance Communications shares jump after new debt repayment plan

Reliance Communications shares jump after new debt repayment plan

Tue, Oct 31, 2017

The company, with $6.8 billion of net debt as of last March, said it will look to repay 170 billion rupees ($2.62 billion) of loans by selling assets such as mobile towers.

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President Donald Trump owes lenders nearly $315 million, disclosure shows

President Donald Trump owes lenders nearly $315 million, disclosure shows

Sat, Jun 17, 2017

President Donald Trump had personal liabilities of at least $315.6 million to German, U.S. and other lenders as of mid-2017, according to a federal financial disclosure form released late on Friday by the U.S. Office of Government Ethics.

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S4A scheme: HCC allots 19 crore equity shares to lenders

S4A scheme: HCC allots 19 crore equity shares to lenders

Mon, Jan 09, 2017

HCC added, “LIC of India and Vijaya Bank are also in the process of the completing their respective internal processes for S4A scheme and upon completion of the same, it will further proceed to issue and allot corresponding equity shares and OCDs to them.”

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