Default

RECENT NEWS
The Hindu Business Line  Sep 23  Comment 
Corp Affairs Ministry says action will be initiated against defaulting companies
The Economic Times  Sep 23  Comment 
They will have to mandatorily disclose three-year rating history of the borrower, coupon and maturity of a paper, and instances of multi-notch downgrades.
The Economic Times  Sep 22  Comment 
They will have to mandatorily disclose three-year rating history of the borrower, coupon and maturity of a paper, and instances of multi-notch downgrades.
Financial Times  Sep 19  Comment 
A welter of political and financial factors decide which firms are cut loose and which are saved
MarketWatch  Sep 15  Comment 
Donald Trump said Thursday he wouldn’t let the U.S. default on its debt, saying the nation’s debt is “absolutely, 100% sacred.”
MarketWatch  Sep 13  Comment 
Issuers, led by battered energy companies, have already defaulted on almost $4 billion of debt in September.
The Economic Times  Sep 9  Comment 
The company, which has been making losses for the past several quarters, ended the quarter through March 2016 with a net loss of Rs 79 crore.




 

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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