Arrears

RECENT NEWS
MarketWatch  Oct 12  Comment 
The U.S. has withdrawn from the United Nations Educational, Scientific and Cultural Organization, a State Department spokeswoman said Thursday. The decision "reflects U.S. concerns with mounting arrears" at the UN entity, as well as what she...
The Economic Times  Aug 28  Comment 
The salary hike under the Seventh Pay Commission recommendations and the payment of arrears would, industry executives hope, cushion the cess hike impact.
The Economic Times  Aug 28  Comment 
Going by preliminary estimates, the state-owned mining company will have to pay Rs 8,200 crore on account of arrears and salary increases during 2017-18.
The Economic Times  Jul 23  Comment 
The quintet ET studied collectively owe banks close to Rs 40,000 crore and account for as much as 8-10 per cent of estimated bad loans.
The Economic Times  Jul 10  Comment 
The government’s thrust on clean energy enthused private players and lured big corporate houses like the Tata and Mahindra and several independent power producers.
The Hindu Business Line  Mar 17  Comment 
Defence Minister Arun Jaitley on Friday said the third round of One Rank One Pension (OROP) arrears will be released shortly. Jaitley, who was give additional charge of the Defence Ministry this w...
The Times of India  Mar 10  Comment 
The Comptroller and Auditor General added however that recovery last year, as percentage of "unrestrained recoverable arrears", registered a steep fall from 42 per cent during 2013-14 to 10 per cent in 2014-15.
BBC News  Feb 22  Comment 
New research suggests that thousands of businesses across England and Wales were taken to magistrates courts last year for non payment of their business rates.
Mondo Visione  Dec 13  Comment 
The Financial Conduct Authority (FCA) has found that many firms are improving the way they deal with customers in early arrears. However, there are a number of areas where consumer credit firms still need to improve their practices. Jonathan...




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Arrears - Customers are said to be in arrears when they are behind in fulfilling their obligations with the result that an outstanding loan is unpaid or overdue. Such a customer is also said to be in a state of delinquency. When a customer is in arrears, his entire outstanding balance is said to be delinquent, meaning that delinquent balances are the total outstanding loans on which payments are overdue.

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