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Non-recourse debt

A debt for which an individual has no personal liability. For example, a lender may take the property pledged as collateral to satisfy a debt, but has no recourse to other assets of the borrower.

News On Non recourse debt
Aiming at 22-25% credit growth ahead: J&K Bank  

16-05-2013| Source:CNBC-TV18

) and profits have grown 20-22 percent. What will be the advances and credit growth for FY14?A: The interest income growth has been around 27 percent, year-on-year (Y-o-Y) basis and non interest income has grown

IRB Infra to raise Rs 500cr via debt securities; stk up 6%

15-05-2013| Source:Moneycontrol.com

IRB Infrastructure Developers gained 6% on the back of the new that the company is going to raise Rs 500 by issue of Redeemable Non Convertible Debt Securities.

IRB Infrastructure to raise Rs 500cr by issue of debt securities

15-05-2013| Source:Moneycontrol.com

IRB Infrastructure Developers at its meeting held on May 15, 2013, has approved raising of funds by issue of Redeemable Non Convertible Debt Securities (including senior debt securities

Targeting 15-20% revenue growth in FY14: 3i Infotech  

14-05-2013| Source:CNBC-TV18

3i Infotech is bullish about its performance going ahead. It may also sell some non-core divisions to repay debt.

Analysts upbeat on Tata Steel despite $1.6bn write down

14-05-2013| Source:Moneycontrol.com

The write down is a non-cash charge and hence does not impact operating earnings or cash flows. Only stated net worth and debt equity ratios get impacted. Also, the stock already appears