With the post-lockdown economy still to pick up, highly leveraged companies are looking at ways to reduce debt

Burden of paying EMIs when you have suffered a job loss or a salary cut is too heavy to shoulder, in most cases putting you into a debt spiral. If it has happened with you, troubles may hit the roof if you are not careful about your credit score

Despite COVID-19 pandemic, Bajaj Electricals' Consumer Products segment maintained its revenues and delivered an EBIT growth of 37.4 per cent in the current quarter

Seshagiri Rao, joint managing director and group chief financial officer, JSW Steel said that the steelmaker has a worker strength of 3,500-4,500 at the Dolvi site

While some borrowers get benefits of repo rate cuts quickly, others have to wait longer depending upon the tenure and regime of their loan

The RBI filed the affidavit, responding to a court notice on a public interest litigation (PIL) seeking direction from the SC to waive the interest on loans during the moratorium period in the wake of COVID-19 crisis

The allotment of equity shares will happen on or about June 10, while rights shares are expected to be listed on the BSE and NSE on or around June 12 under separate ISIN, says RIL

Coronavirus crisis: As many as 90 per cent respondents are concerned about their savings and financial future, and nearly 72 per cent said they would opt for a personal loan in the immediate future to meet high-priority expenses

Reliance Industries rights issue, which opened on May 20, received subscription for 45.47 crore equity shares against 42.26 crore shares on offer

Falling interest rate amid coronavirus crisis has impacted income of many investors who depended on debt instruments; those with surplus cash can consider peer-to-peer lending, which is attracting increasing interest from people willing to lend to those in need of short-term financing -- whether individuals or small businesses

\"Everybody is conserving cash at present and postponed the discretionary purchases. Post monsoon, the farmer community will start earning and the demand will pick up by the festival season,\" said Ramesh Iyer of Mahindra Finance

Analysts say that the idea behind Bharti Telecom's deleveraging is to fortify the promoter firm when financial conditions are deteriorating for companies across the board

Banks have in-built mechanism to include the cost of default in the interest rate that it charges from the borrowers as way of credit risk premium, which can be increased or decreased by the bank

The loan moratorium has now been extended till August 31 for 6 months owing to continuing  disruptions  on account  of  coronavirus crisis

In late March, Hertz shed 12,000 workers and put another 4,000 on furlough, cut vehicle acquisitions by 90% and stopped all nonessential spending

Even if there is a welcome extension of the moratorium on interest repayment, it has to be repaid as it is a loan and not a grant or an interest free loan

General Financial Rules 2017 has been amended to ensure that no global tenders would be allowed in government procurement up to Rs 200 crore, as announced in the Aatma Nirbhar Bharat Package

The funding and liquidity positions of Indian NBFI will remain crucial in coming months, as loan collection inflow is likely to stay subdued even as the economy reopens gradually, says Fitch

Reliance Industries' rights issue which opens on May 20 will close on June 3. This is RIL's first rights issue in three decades

Of Rs 53,036.13 crore from the rights issue, RIL will use Rs 39,755.08 crore towards repayment or prepayment of all or a portion of certain borrowings availed by the company