Live
- Hamas denies its leaders leaving Qatar for Turkey
- Strategic Internal Audits in IT and Procurement Functions
- Pawan Kalyan addresses legislative council, emphasis on panchayat dumping yard management
- Muzarai dept to evict encroachments of temple lands
- CM Siddaramaiah inaugurates 27th Edition of Bengaluru Tech Summit
- India can and will play better, says Manolo Marquez after draw against Malaysia
- Top 4 Men’s Grooming Platforms Revolutionizing Self-Care in India
- 58% cut in NABARD funds from ₹5,600 cr to ₹2,340 cr for state
- YS Sunitha visits AP assembly, seeks update on probe in YS Viveka's murder case
- Bengaluru traffic violation: Cops collect Rs 7.62 lakh in just 5 hours
APPFCL defaults on payment
Highlights
Andhra Pradesh Power Finance Corporation (APPFCL) has defaulted on interest payment on bonds for second time in a row, according to State Bank of Hyderabad (SBH).
Hyderabad: Andhra Pradesh Power Finance Corporation (APPFCL) has defaulted on interest payment on bonds for second time in a row, according to State Bank of Hyderabad (SBH).“State Bank of Hyderabad, as debenture trustee for the bond issues of Andhra Pradesh Power Finance Corporation informs second consecutive default of payment of half-yearly interest in case of bond series Nos 1/2010, 1/2011 and 1/2011 (Tranche II) and yearly interest in case of 1/2005 bondholders by APPFCL,” the SBH said in a release.
Next Story
ADVERTISEMENT
