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Punjab National Bank extends moratorium to NBFC

  Summary RBI on Saturday had conveyed to top banks that even NBFCs including microfinance firms and housing finance companies are covered under `borrowers’ to be eligible for moratorium. The central bank also told them they could use their discretion to decide the eligibility of firms based on their credit and liquidity profile. Kolkata: Punjab […]

IREDA Secures ‘Excellent’ Rating for Fifth Consecutive Year in MoU Performance – EQ

Suzlon Energy’s total debt at Rs 14,262 cr, includes FCCB worth Rs 1,376 cr

The company’s total outstanding borrowing from banks or financial institutions is Rs 12,885.75 crore, according to a regulatory filing by Suzlon. Suzlon Energy on Tuesday said its debt as on March 31 stood at Rs 14,262.06 crore, which also includes outstanding foreign currency convertible bonds worth Rs 1,376.30 crore (around $172 million). The company’s total […]

IREDA Secures ‘Excellent’ Rating for Fifth Consecutive Year in MoU Performance – EQ

Suzlon Energy bondholders okay resolution plan for $172 million bonds

The company had called a meeting of bondholders on April 6 seeking their nod for resolution of the outstanding $172 million bonds. Suzlon Energy on Monday received approval from bondholders for a resolution plan for outstanding securities of $172 million, the company said. The company had called a meeting of bondholders on April 6 seeking […]

IREDA Secures ‘Excellent’ Rating for Fifth Consecutive Year in MoU Performance – EQ

SBI unanimously approved the restructuring of Suzlon Energy’s Rs 14,000-cr debt 

The company is working on finalising various definitive agreements with the lenders, it told BSE The State Bank of India (SBI)–led consortium has unanimously approved the restructuring of Suzlon Energy’s Rs 14,000 crore worth of debt, the company said in a filing with the BSE. “The company is working on finalising various definitive agreements with […]

India Emphasises Affordable Energy Access for 1.4 Billion People Amid US Legislative Developments – EQ

SBI raises $100 million via green bonds amid COVID-19 scare

Those bonds have been priced after adding 80 basis points over three-month London-Interbank Offered Rate, which is now at about 1.450 percent, New Delhi: County’s banking behemoth the State Bank of India raised $100 million via dedicated bonds despite challenges in global financial markets, charred by COVID19 outbreak. The transaction reinforces that investors still bet […]

IREDA Secures ‘Excellent’ Rating for Fifth Consecutive Year in MoU Performance – EQ

SBI TENDER NOTICE FOR ROOF TOP SOLAR INSTALLATION AT FIVE BRANCHES

TENDER NOTICE FOR ROOF TOP SOLAR INSTALLATION AT DEVIKULAM BRANCH For more information please see below link: TENDER NOTICE FOR ROOF TOP SOLAR INSTALLATION AT PATHANAMTHITTA BRANCH For more information please see below link: TENDER NOTICE FOR ROOF TOP SOLAR INSTALLATION AT NEDUMANGAUD,NEYYATINKARA AND MEDICAL COLLEGE BRANCHES For more information please see below link: TENDER […]

CREST Floats Tender for Development of 3 MW Rooftop Solar Projects Across Chandigarh -EQ