Relief package worth ₹90,000 crore expected to boost credit profile of gencos – News

Discoms’ overdues to all gencos increased to ₹91,700 crore as of March and dues are likely to pile up during lockdown Click Here For Different Hot Offers Daily The ₹90,000-crore relief package announced for distribution companies (Discoms) under the Atmanirbhar Bharat Abhiyan would boost the credit profile of generating companies. This would materially reduce their working capital […]

Retro: TransUnion Canada Revises 2020 Credit Forecast

TransUnion Canada updated Click Here For Different Hot Offers Daily As the COVID-19 pandemic continues to bring unprecedented pressures on consumers’ ability to repay their debt obligations, TransUnion (NYSE: TRU) today released a new multi-scenario credit forecast. TransUnion’s current scenario projects that overall non-mortgage delinquency in Canada will peak at 6.9% at the end of […]