Newsmeme!
Discover News you didn't know existed

• home
• news
• tagging
• how it works
• about
• data

Unsecured Debt

News

Banks may freeze credit to Satyam

Published January 7, 2009, 8:00 pm, Business Standard India

Banks, which are believed to have exposure to the beleaguered IT major, Satyam Computer Services, today said that they would look at options to stop sanctioning additional credit lines to the company and seek an auditor’s explanation from it.

Full Story

Tags

No tags found at this time. Be the first to tag this news item, learn more.

Imagery

Related Unsecured Debt Stories

From Various News Sources

Banks may freeze credit to Satyam - Business Standard
An official of Bank of Baroda, which too has an exposure to Satyam, said clients who admit to fraudulent accounting practices are not considered as normal customers. In such cases, banks can look at options to stop giving additional lines of credit ...

Decline in international price: Govt's support price to impede ... - Daily Times
ISLAMABAD: Due to the drop in the wheat price in the international market the imported wheat is costing on average Rs 650 per 40kg while the government will procure wheat from new crop at Rs 950 per 40kg as per wheat support price. This price ...

New Delhi, January 6 - Tribune
Anil Ambani-led Reliance Communications (RCom) has moved telecom tribunal TDSAT against the government over non-allotment of GSM start-up spectrum in six states, where a subsidiary of the company was already offering GSM services. Despite the two ...

Related Social Bookmarks

None found at this time.