Strategic debt restructuring’ (SDR) is a new tool made available to banks and financial institutions by the Reserve Bank of India (RBI) in June 2015 for the recovery of non-performing assets (NPA). The joint lenders forum (JLF), a consortium of bankers and financial institutions, can take the SDR route to recover the loan…
DetailsMINNEAPOLIS (TNS) A growing number of companies are dangling a recruitment perk that is tailor-made for the millennial generation: debt relief. Free snacks and gym memberships dont hold the allure they once did for young people entering the working world. Buried under student loans of more than $29,000 on average, they want help. For this…
DetailsNational Debt Relief shared in an article published January 21, 2016 shares some of the people’s commonly penned financial resolutions to start their year. The article titled “8 Financial Resolutions To Make For 2016” takes a look at these resolutions and explains how they can best help consumers save money. Phoenix, AZ (PRWEB) February 07,…
DetailsBetter Bankers, Better Banks Book Review Better Bankers, Better Banks: Promoting Good Business through Contractual Commitment. Claire A. Hill and Richard W. Painter. University of Chicago Press. 2015. History is marked by many turning points which we may call critical junctures. The global financial crisis has been one example. The crisis underscored various deficiencies in…
DetailsLord Lucan was officially declared dead in a High Court ruling last week He has long been suspected of murdering nanny Sandra Rivett in 1974 Brother Hugh Bingham has broken family silence 42 years later Said his sibling is innocent of the killing at family home in London By James Sanders and Barbara Jones for…
DetailsGambling debts led three people to fake a kidnapping Friday in order to ransom money from one of their mothers, Bridgeview police said. Joseph Vicario, 25, of Bridgeview, plotted with his girlfriend Amanda Woods, 21, of Oak Lawn, to trick Vicario’s 44-year-old mother into believing that kidnappers were beating her son, police said. A second…
DetailsCharles Dickens was a great supporter of the Great Ormond Street Childrens Hospital in London. In our present era of public service announcements, telethons, fun-runs, cyber-fundraising events and ice bucket challenges, it seems as if every disease or medical cause has a celebrity spokesman drumming up donations and interest. Yet such effective fundraising practices are…
DetailsGambling chips are becoming underworld currency. Photo: Getty Crown Casino is a haven for drug traffickers and money launderers, leading one of Victoria’s most prominent judges to label the venue a “blot on the community”. The Sunday Age can also reveal that crown’s gaming chips have become a de facto currency among underworld figures to…
DetailsReuters/Brussels ArcelorMittal, the worlds largest steelmaker, launched plans yesterday for a $3bn share issue to help reduce debt and cut costs, having been hit by a plunge in steel prices which it blamed on a surge in cheap exports from China. ArcelorMittals share price has dropped 60% in the past 12 months, cutting the groups market…
DetailsNotification of Creditors and Ministry Within a period of 30 days as of the date of the start of liquidation of the PT company, the liquidator shall notify the liquidation of the company to: A. the creditors, by way of announcement in a local newspaper and the State Gazette of the Republic of Indonesia; and…
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