CDR in Bihar inches up to 39.42% till Dec: Sushil Kumar Modi

Last Updated: Saturday, February 16, 2013, 20:15

In an indication of an increase in lending by banks to consumers in various sectors, the Credit Deposit Ratio (CDR) in Bihar has inched up to 39.42 percent till December 2012, Deputy Chief Minister Sushil Kumar Modi said on Saturday.

Suzlon Energy gets lenders nod for Rs 9,500 cr CDR plan

Last Updated: Thursday, January 24, 2013, 19:42

Wind energy major Suzlon Thursday said its lenders, comprising 19 banks led by the SBI, have approved its proposal to rejig Rs 9,500 crore of domestic debt, providing a big relief to financially troubled company.

Corporate debt restructuring cases cross 100-mark in 2012

Last Updated: Monday, November 5, 2012, 16:07

A total of 101 cases have been referred for Corporate Debt Restructuring (CDR) in 2012 as on September 30, involving a collective debt amount of close to Rs 64,000 crore, as per the data available with the CDR cell of bankers.

Bank, realty stocks tumble after RBI leaves rates on hold

Last Updated: Tuesday, October 30, 2012, 14:37

Banking stocks witnessed the steepest hit, with SBI plunging 4.43 percent, while ICICI Bank fell by 2.21 percent.

Despite exit by small lenders, banks still prefer CDR cell

Last Updated: Sunday, October 28, 2012, 15:16

Despite some small private sector banks opting out of the corporate debt restructuring (CDR) cell, experts are of the opinion that most lenders will continue to be part of this forum as a consortium approach gives a lot of comfort over taking an individualistic route.

Banks pick up 92% in Basix as part of Rs 652-cr CDR deal

Last Updated: Thursday, September 27, 2012, 22:53

The deal also envisages the company bringing in an additional equity of Rs 25 crore, which again is funded by the lenders under the CDR deal, taking the overall size of the debt recast to Rs 677 crore.

JSL gets CDR cell nod to reschedule Rs 9-K Cr debt payments

Last Updated: Thursday, September 20, 2012, 19:23

Jindal Stainless on Thursday said the Corporate Debt Restructuring (CDR) Empowered Group has approved rescheduling of payments of over Rs 9,000 crore debt on August 24.

New CDR norms to erode PSBs' profitability by up to 18%

Last Updated: Tuesday, July 24, 2012, 10:34

It noted that new provisioning norms for CDR loans are still substantially lower than the existing NPL provisioning.

Bharati Shipyard promoters to infuse Rs 118 cr for CDR

Last Updated: Sunday, June 3, 2012, 13:15

The promoters of country's second largest private ship-builder Bharati Shipyard have agreed to infuse Rs 118 crore fresh capital into the debt-laden company, as a precondition for its Rs 5,800-crore debt restructuring plan, sources said.

RBI to nudge commercial banks to increase CDR in Bihar

Last Updated: Friday, February 17, 2012, 21:58

Reserve Bank Governor D Subbarao on Friday assured Bihar Chief Minister Nitish Kumar that enough bank credit will be made available for economic and industrial activities in the state.

Bihar govt concerned over alarming low CDR

Last Updated: Sunday, March 6, 2011, 00:36

Bihar got expressed conceren over the alarming low credit deposit ratio as compared to the national average of 70 per cent and asked the banks to take effective steps for improving their CDR.

Navy Lt Cdr dies in operation to rescue sailors from rough sea

Last Updated: Monday, August 30, 2010, 23:29

An Indian Navy officer died due to head injuries while saving other sailors who had fallen into the sea from a submarine off the coast of Mumbai this morning.