More Chinese lenders plan to pursue RCom in insolvency court: Sources
With total debt of Rs 457.33 billion ($7.1 billion) as of end March, RCom is the most-leveraged of all listed telecoms carriers in India.
Dec 05, 2017, 19:20 PM IST
RCom debt restructuring clouded by China Development Bank's insolvency action
RCom, backed by billionaire Anil Ambani, has struggled with its heavy debt load and a string of losses, leading to a partial shutdown of its operations.
Nov 28, 2017, 19:38 PM IST
RCom shares end nearly 4% lower on insolvency case buzz
BSE had sought clarification from Reliance Communications after market hours on Monday with respect to news that China Development Bank has filed an insolvency case against it.
Nov 28, 2017, 17:00 PM IST
RCom's shares slide after reports of CDB insolvency case against it
RCom is attempting to convert roughly 70 billion rupees of its debt to equity via a strategic debt restructuring plan.
Nov 28, 2017, 13:59 PM IST
BRICS development banks agree on local currency lending
The agreement on credit ratings allows the ICM members to share information about internal credit ratings assigned to clients, as well as rating assessment and assignment methodologies, the Russian bank said.
Sep 02, 2017, 20:25 PM IST
Deutsche Bank to support China's 'Belt and Road'
Deutsche Bank, Germany's biggest lender, said on Wednesday it would support three billion dollars' worth of development projects in partnership with China Development Bank (CDB).
May 31, 2017, 15:49 PM IST
China to invest $140 billion to relocate poor citizens to more developed areas
The funds will be used mainly to construct homes, support facilities and basic public infrastructure, with the rest going to the restoration of vacated lands, state planner National Development and Reform Commision (NDRC) said in a document.
Oct 31, 2016, 16:36 PM IST
China central bank injects $41 billion via mid-term lending facility in September
China`s central bank lent 275 billion yuan ($41.24 billion) via its medium-term lending facility (MLF) to financial institutions in September, it said in an online statement on Saturday.
Oct 08, 2016, 15:01 PM IST
Airtel clinches $2.5 billion Chinese financing deals
Bharti Airtel on Saturday said it has received financing commitments of up to USD 2.5 billion from China Development Bank and Industrial and Commercial Bank of China, with an average maturity of about nine years.
May 16, 2015, 11:53 AM IST
Switzerland, Luxembourg plan to join China-led development bank
Switzerland and Luxembourg are planning to join the Beijing-backed development bank AIIB, China`s finance ministry said, the latest European nations to sign up to the multilateral lender which has drawn scepticism from the United States.
Mar 21, 2015, 11:44 AM IST
