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Tag "Coal deallocations"

Banks will restructure coal assets post SC deallocations: Official

Banks will restructure coal assets post SC deallocations: Official

🕔09:39, 30.Sep 2014

Mumbai, Sep 30  Banks will approach the Reserve Bank (RBI) for restructuring coal assets after the Supreme Court order cancelling coal block allocations that may impact such assets’ quality, the finance ministry’s topmost official said Monday. The apex court last

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Coal deallocations may hike CAD by $700 mn: SBI

Coal deallocations may hike CAD by $700 mn: SBI

🕔10:38, 27.Sep 2014

New Delhi, Sep 27  The Supreme Court’s deallocation of coal blocks may have a marginal impact on raising the net burden on the current account deficit (CAD) by an additional $700 million, according to a State Bank of India report

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