India tightens rules on loan default disclosure for public firms
India’s publicly listed
firms must disclose any failure to repay loans within 24 hours
in cases where 30 days have passed since the default, its
securities regulator said on Wednesday, tightening rules at a
time when bond defaults have soared.
firms must disclose any failure to repay loans within 24 hours
in cases where 30 days have passed since the default, its
securities regulator said on Wednesday, tightening rules at a
time when bond defaults have soared.
Posted by Reuters
