Financial authorities' PF syndicated loan initiative proves ineffective, while MG Community Credit Cooperatives' auction loans face market rejection amid rising toxic assets and failed auctions in the real estate sector.
#YonhapInfomax #PFSyndicatedLoan #MGCommunityCredit #RealEstateMarket #AuctionLoans #NonPerformingAssets #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57126

Homeplus' court receivership filing triggers potential insolvency disclosures from multiple REITs, impacting both listed and unlisted real estate investment trusts with Homeplus as a tenant.
#YonhapInfomax #Homeplus #CourtReceivership #REITs #NonPerformingAssets #RentalRevenue #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53295

Andhra Pradesh: Bank unions plan <b>strike</b> in September demanding recruitment - The Hindu

There are more than two lakh posts lying vacant in the public sector banks, says All India Bank Employees’ Association leader Venkatachalam. The banks have written off more than ₹10 lakh crore debts.#bankrecruitments #publicsectorbanks #non-performingassets #NPAs #wilfuldefaulters #privatisationofbanks #bankstrikeinSeptember #AllIndiaBankEmployeesAssociation #AIBEA #CanaraBankEmployeesUnion #baddebts
Andhra Pradesh: Bank unions plan strike in September demanding recruitment