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Friday, August 15, 2025
TopicLoan default

Topic: loan default

MTNL defaults on Rs 8,585 crore loan from 7 PSU banks, misses both principal and interest

As of 30 June, the state-run telecom company's total debt stood at ₹34,484 crore. In Delhi, 14 out of MTNL's 41 land and building parcels remain vacant.

RBI has curbed unsecured lending, but the root cause of defaults remains unaddressed

ThePrint view on the most important issues.

Seeing ‘high attrition, loan defaults’, Spandana Sphoorty a microcosm of microfinance sector’s troubles

India's microfinance sector has been facing challenges like over-borrowing & regional stress. Spandana Sphoorty, a 20-yr-old micro-credit company, reported a Rs 216 cr loss in Q2 FY25.

Zee Entertainment, IndusInd Bank settle dispute over loan default paving way for Sony merger

IndusInd Bank, on Wednesday, told the NCLT that it would also withdraw its objection to Zee Entertainment's merger with a local unit of Japan's Sony.

On Camera

Trump is swinging on Russia again. What this means for Europe’s security architecture

The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

President awards 1st set of Sarvottam Yudh Seva medals since Kargil, 7 honoured for leading Op Sindoor

This year, the Indian Air Force received four of the seven awards, followed by the Indian Army with two medals, and the Indian Navy with one. 

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.