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.
) 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 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 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
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