Sunday, August 14, 2011

Indian Banks taking over unperforming loans

Debt-laden companies push Indian banks to limits

ICICI Bank's takeover of a stake in a debt-laden telecom tower firm is an ominous sign of things to come as India's slowing economy and slumping shares erode the value of collateral on loans that companies are struggling to repay. More interestingly, the shares are in these companies are set as collateral for other loans. So when the price falls, the other performing sector will also fall in the dominos affect.

Posted by deepak @ 01:10 PM (1304 views)
Please complete the required fields.



5 thoughts on “Indian Banks taking over unperforming loans

  • From Bin Laden to Debt Laden, what’s next?

    The ‘new’ Seal Team 6 and the Ocean awaits.

    Reply
    Please complete the required fields.



  • little professor says:

    Novody cares, deepak

    Reply
    Please complete the required fields.



  • I wonder how many of these reports are scaremongering trying to drive the market down before a true recovery kicks in.

    Reply
    Please complete the required fields.



  • bullish on the sensex rather than other equity markets only not quite yet….

    Reply
    Please complete the required fields.



  • 3. techieman said…bullish on the sensex.

    Feeling frisky so early in the morning Big Boy?

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>