156 64

Indian banks sought to restructure $12 billion (Rs 64,356 crore, at Friday’s rates) in corporate loans in the fiscal year that ended in March, up 156 percent from a year earlier, industry data showed, as slowing economic growth proved a drag on borrowers' ability to repay their debts. Debt restructuring through the Corporate Debt Restructuring Ce...

Indian banks sought to restructure $12 billion (Rs 64,356 crore, at Friday’s rates) in corporate loans in the fiscal year that ended in March, up 156 percent from a year earlier, industry data showed, as slowing economic growth proved a drag on borrowers' ability to repay their debts. Debt restructuring through the Corporate Debt Restructuring Ce...