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RECENT NEWS
The Economic Times  Jul 4  Comment 
Borrowers have missed payments on at least 20 domestic bonds so far this year, according to data compiled by Bloomberg.
The Times of India  Jun 26  Comment 
Breaking his silence after a long time, to state the "factual position in response to the controversy unfortunately surrounding" him, Mallya said he had written letters to both the Prime Minister and the finance minister on April 15, 2016 to...
The Hindu Business Line  Jun 23  Comment 
Independent power producers claimed that their payment defaults to banks are largely on account of factors beyond their control. The Independent Powe
The Hindu Business Line  Jun 22  Comment 
The Power Ministry suggests air-conditioner manufacturers to keep the default setting at 24°C in a bid to save energy.In a meeting with major air-cond
The Economic Times  Jun 22  Comment 
"The company is pursuing with the lenders for debt restructuring," Hotel Leelaventure said in a regulatory filing.
The Economic Times  Jun 22  Comment 
Interest coverage ratio is a gauge that measures the ease with which a company can pay back the interest due on its debt.
Forbes  Jun 21  Comment 
Despite strong US corporate earnings, corporate debt supply is inching up to historical highs. As rates rise and profits start to cool, these debt burdens will start to pinch.
Financial Times  Jun 21  Comment 
Possibility of writedowns hangs over banks still struggling from bad-loan crisis




 

Default refers to the failure to pay his or her debt on a timely basis or to comply conditions of an agreement or an obligation. Some example of default are loan defaults which the borrower does not pay back his loan on the date agreed with the bank.

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