Reliance Capital welcomes RBI's decision, blames complexity of litigation for defaults

Nov 30, 2021

New Delhi [India], November 30 : Reliance Capital Limited welcomed the Reserve Bank of India's (RBI) decision to resolve the company's debt in accordance...

China: Millions blacklisted for debt as loan defaults hit record high

Dec 14, 2023

After online payment platforms like Alipay and WeChat replaced cash as the most used payment method in China, many stores refused cash payments, and...

Sitharaman announces decriminalisation of Companies Act defaults

May 17, 2020

New Delhi [India], May 17 : In order to provide relief to the companies amid COVID-19 pandemic, Union Finance Minister Nirmala Sitharaman on Sunday...

China's debt clampdown raises risk of local government financial defaults

May 27, 2021

Beijing [China], May 27 : China's debt clampdown has raised the risk of a wave of defaults among the country's heavily indebted local government...

CREDITQ launches India's 1st Business Credit Management & Information Platform for MSMEs and Businesses

Jan 27, 2022

New Delhi [India], January 27 (ANI/SRV): CREDITQ, a single solution platform for all the problems of MSMEs & businesses to minimize the defaults in...

Goyal roots for smarter concession agreements, reducing litigation to make GatiShakti effective

Feb 28, 2022

New Delhi [India], February 28 : With India eyeing a competitive edge in the global market, the government is keen to boost the prospects...