Tagged Default

Loan default concerns loom large over real estate

February 6, 2019

Current leverage levels in real estate are not sustainable as developers have to increase sales by 2.5 times to be able to service the debt, which stood at over Rs 4 lakh crore at the end of last year. The am...

Puerto Rico Debt disaster: Default On Looming $422M fee should worsen monetary Chaos at the Island

April 29, 2016

Puerto Rico’s lengthy-simmering debt disaster should roar to a boil next week if the U.S. territory misses a crucial bond charge. The island will in all likelihood default at the $422 million it owes bon...