scorecardresearch
Add as a preferred source on Google
Thursday, October 2, 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

Why Modi’s supporters fear ‘proud Hindu’ MK Gandhi and venerate his murderer Godse

Every Gandhi Jayanti, we witness a contradiction in Hindutva position — PM Modi hails ‘beloved Bapu’ while his supporters attack and abuse him.

More Andhra-style prawn fry for Indian plates? How Naidu’s trying to blunt US tariff hit on aqua exports

Naidu attempts to shield aqua farmers after Trump’s tariff hits the shrimp farming sector in Andhra Pradesh, leading to the cancellation of 50% of the state's exports.

Finnish giant ICEYE to build signature radar microsatellites in India, offers full control to govt

Company builds microsatellites that are smaller, faster, cheaper to produce. ICEYE will develop & launch micro-satellites, hand them over to India, which will have full control & sovereignty.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.