Loans

Crisil Ratings, Real Estate News, ET RealEstate

NEW DELHI: For cement manufacturers, volume growth is expected to be around 13% in the next fiscal year, supported by the expected recovery in demand from the infrastructure and urban housing sectors, according to CRISIL odds. The increase in volume will offset the impact of higher electricity and fuel costs …

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UltraTech Cement Prepays Rs 5,000 Cr Loan

UltraTech Cement reported sales of Rs 40,649.17 crore in 2019-2020 and is the largest manufacturer of gray cement, ready mix concrete (RMC) and white cement in India. UltraTech Cement said on Tuesday it had prepaid its long-term loans of 5,000 crore rupees. The loan repayment was made using free cash …

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The obscure origins of commodity trading debt – BR research

Yesterday, this section pointed out that SBP’s wheat purchase financing framework perversely favors public procurement, which not only crowds out direct purchases by the private sector, but also contributes to a build-up of debt that more and more became hardcore. But first, some background on how public sector product operations …

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A loan shark puts poor borrowers back on their feet

Chennai: The study analyzes 100 Chinese loan agreements with 24 countries, the first systematic analysis of the legal terms of China’s foreign loans, the report’s authors write. Produced with the support of several American research institutes, it compares the agreements concluded with Chinese public banks to 142 publicly accessible contracts …

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