IVRCL recently has secured the approval for its debt recast offer from the Corporate Debt Restructuring Empowered Group of the Reserve Bank of India (RBI).
What does CDR stand for?
CDR stands for Corporate Debt Restructuring
This definition appears frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of CDR
We have 351 other meanings of CDR in our Acronym Attic
- Continuous Data Rate
- Continuous Data Recording
- Continuous Data Replication
- Continuous Disclosure Review (Canada)
- Contract Data Requirement
- Contract Discrepancy Report
- Contribution au Développement Rural
- Controlled Drug Record
- Cooldown Reduction (gaming statistic)
- CorelDRAW File (file extension)
Samples in periodicals archive:
The 5 point action plan focuses upon (1) Revamping the Corporate Debt Restructuring (CDR) mechanism, (2) Creating a special resolution mechanism for the infrastructure sector, (3) Setting up of a National Asset Management Company, (4) Liberalizing norms to Increase capitalization of Asset Reconstruction Companies, and (5) Improving the effectiveness of the insolvency regime and implementation of legal framework.
The Gurgaon- headquartered company has asked a consortium of 27 banks for a fresh loan of ` 3,300 crore as part of its corporate debt restructuring for ` 7,700 crore, one of the largest such packages for corporate India.
Summary: Dubai Islamic Bank gained the most in more than a week as progress on corporate debt restructuring boosts the outlook of lenders in the emirate.
75 billion) Dubai World corporate debt restructuring is seen as supportive to the banking system although it resulted in impairments ranging from 10 per cent to 20 per cent on a net-present-value (NPV) basis.
The orderly conclusion in June 2011 of the US$ 25 bln Dubai World corporate debt restructuring has been a critical step forward for banks' asset quality and the economy," Howladar explained.
Netz Capital Advisors will primarily focus on Debt Raising, Corporate debt Restructuring, refinance Loan and Equity advisory for business expansion.
Pudner said last month that Emirates NBD would up impairments this year to cover bad loans amid more corporate debt restructuring.