AL AIN/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Monday attended …
Read More »Banks squeeze Indian companies harder in $207bn bad loan fight
Bloomberg Roiled by India’s high-profile corporate defaults, the nation’s lenders are tightening the screws on borrowers with stricter debt covenants and greater enforcement as the battle to curb delinquent loans intensifies. Banks are asking for collateral that may amount to one-and-a-half times the value of the debt on new loans extended and are insisting on contracts that allow loans to …
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