India’s central bank has given lenders that struggle to claw back debt owed to them new powers to deal with defaulting companies, causing headaches for corporate executives.
India’s central bank wants to stop long-term export advances being issued for struggling Indian firms to repay rupee loans. However, the guidelines appear riddled with holes.
Managing liquidity risk is vital, although many companies, especially in India, seem not to take it seriously. CT provides some simple tips on how to be more aware of your liquidity profile.
Jan 19, 2015
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