Debt Audit
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Delhi Government's Debt Increased By 7% In 4 Years Up To 2019-20: Audit Report
The Delhi government's debt increased by nearly seven per cent in the four-year period up to 2019-20 although it maintained a revenue surplus, according to a CAG audit report tabled in the Assembly on Tuesday.
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Yes Bank Falls As RBI Censures Selective Disclosure
Yes Bank's announcement last week that RBI's audit didn't find any divergence in soured debt came as a relief for investors after the lender revised bad-loan figures for the fiscal year 2017 marking them four times higher than those previously reported.
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Special Audit Report on Amtek Auto Likely by Next Week: Report
Lenders to the crisis-ridden Amtek Auto will soon decide on a corrective action plan (CAP) based on a special audit report likely to be submitted in the coming week.
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Lenders Order Special Audit of Amtek Auto Books
Lenders have an exposure of around Rs 8,000 crore to Amtek Auto which is a part of Amtek Group, the component manufacturers with global presence, which as a whole has a debt of over Rs 26,000 crore, most of which is not hedged or collateralised.
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China $3 trillion local government debt stirs alarm
The National Audit Office, China's state auditor, said in a report local governments had total outstanding debt of 17.9 trillion yuan at the end of June, a sum that includes contingent liabilities and debt guarantees.
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China $3 trillion local government debt stirs alarm
Calls for China to accelerate financial reforms grew louder on Monday after figures showed its indebted local governments owe nearly $3 trillion in a debt build-up that some analysts called alarming.
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China says local government debt soars
China on Monday announced the results of a long-awaited debt audit, revealing that liabilities carried by local governments ballooned to 17.9 trillion yuan ($2.95 trillion) as of the end of June.
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Spain unveils austerity budget as bailout looms
Squeezed by financial markets and denounced in the streets, Spain's government will adopt on Thursday a 2013 austerity budget which could be a precursor to a full-blown bailout. The final step before a rescue is likely to come a day later, analysts say, when Madrid unveils an independent audit of its limping banks to determine how much capital they...
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Axis Bank, ICICI Bank not keen to refer Deccan Chronicle for debt rejig
Some of the lenders of debt ridden Deccan Chronicle Holdings (DCHL) are not keen on a debt recast of the company owing to lack of clarity over the approach and pending submission of a forensic audit report.
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China plays down concerns over $1.69 trillion local debt
China played down concerns over $1.69 trillion local debt, saying that the situation is "overall safe and controllable"
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Delhi Government's Debt Increased By 7% In 4 Years Up To 2019-20: Audit Report
The Delhi government's debt increased by nearly seven per cent in the four-year period up to 2019-20 although it maintained a revenue surplus, according to a CAG audit report tabled in the Assembly on Tuesday.
-
Yes Bank Falls As RBI Censures Selective Disclosure
Yes Bank's announcement last week that RBI's audit didn't find any divergence in soured debt came as a relief for investors after the lender revised bad-loan figures for the fiscal year 2017 marking them four times higher than those previously reported.
-
Special Audit Report on Amtek Auto Likely by Next Week: Report
Lenders to the crisis-ridden Amtek Auto will soon decide on a corrective action plan (CAP) based on a special audit report likely to be submitted in the coming week.
-
Lenders Order Special Audit of Amtek Auto Books
Lenders have an exposure of around Rs 8,000 crore to Amtek Auto which is a part of Amtek Group, the component manufacturers with global presence, which as a whole has a debt of over Rs 26,000 crore, most of which is not hedged or collateralised.
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China $3 trillion local government debt stirs alarm
The National Audit Office, China's state auditor, said in a report local governments had total outstanding debt of 17.9 trillion yuan at the end of June, a sum that includes contingent liabilities and debt guarantees.
-
China $3 trillion local government debt stirs alarm
Calls for China to accelerate financial reforms grew louder on Monday after figures showed its indebted local governments owe nearly $3 trillion in a debt build-up that some analysts called alarming.
-
China says local government debt soars
China on Monday announced the results of a long-awaited debt audit, revealing that liabilities carried by local governments ballooned to 17.9 trillion yuan ($2.95 trillion) as of the end of June.
-
Spain unveils austerity budget as bailout looms
Squeezed by financial markets and denounced in the streets, Spain's government will adopt on Thursday a 2013 austerity budget which could be a precursor to a full-blown bailout. The final step before a rescue is likely to come a day later, analysts say, when Madrid unveils an independent audit of its limping banks to determine how much capital they...
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Axis Bank, ICICI Bank not keen to refer Deccan Chronicle for debt rejig
Some of the lenders of debt ridden Deccan Chronicle Holdings (DCHL) are not keen on a debt recast of the company owing to lack of clarity over the approach and pending submission of a forensic audit report.
-
China plays down concerns over $1.69 trillion local debt
China played down concerns over $1.69 trillion local debt, saying that the situation is "overall safe and controllable"
