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Turbulence ahead for aviation sector
Air travel in India is still considered as luxury spending. All the luxury items have very high price elasticity.
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Lenders invoke personal guarantees worth Rs 34,000 crore
In April-June quarter of 2021-22, banks invoked personal guarantees worth Rs 8,437 crore of defaulting promoters by taking action against 56 accounts.
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At pre-admission stage over 17,800 cases disposed of
As many as 466 cases were withdrawn and 404 cases resulted in resolution while 1,371 resulted in liquidation
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Covered Bonds: Here’s all you need to know
The domestic covered bond market is still in its early stages, with the first issue occurring in FY2019
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D&O cover becomes expensive with rise in bankruptcy cases
Premium rates for D&O cover has gone up by fifth and can go up further as the impact of the pandemic gets assessed
