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RECENT NEWS
The Hindu Business Line  Sep 14  Comment 
As industrialist Vijay Mallya fights his wilful defaulter tag, former CAG Vinod Rai has said Kingfisher Airlines’ loan default is just a “trickle” and the overall problem of huge bad loans at publ...
SeekingAlpha  Sep 13  Comment 
By Mark Castellani: [Originally published on 7/11/2014] What You Need to Know About Basel III First, Basel III is rather an extension of Basel II, which at its core is a mechanism that tests the ability of banks to withstand assets (i.e....
Financial Times  Sep 11  Comment 
Yields on Venezuelan bonds have risen since Caracas put Citgo up for sale and reassured investors it can refinance $7bn of debt coming due this year
Reuters  Sep 11  Comment 
Argentina's government is ramping up state intervention in the economy to try to prevent a new debt default from triggering a balance of payments crisis but its policies are also battering business confidence and may deepen a recession.
Wall Street Journal  Sep 11  Comment 
Quiznos, Cold Stone Creamery, Planet Beach Franchising and Huntington Learning Centers ranked among the 10 worst franchise brands in terms of SBA loan defaults




 

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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