Indian Cotton Textile Companies Losses May Affect Banks
Textile Industry News Article Posted
January 19, 2012

Textile Industry News

Fashion News





According to a recent article in the Financial Express, the cash losses being run up by the Indian cotton textile companies will hit their debt servicing capacity, creating more pain for Indian banks. The current exposure of the banks to the textile sector is more than R6,000 crore.

The article goes on to mention that in a recent report, Fitch Ratings noted that while the Indian government's debt restructuring proposal for the textile sector will provide temporary relief from liquidity pressure, it will not stem deterioration in the capital structure of cotton textile companies, most of which are heavily geared.

You can read more about
Cotton Textile Companies Losses Affecting Banks the website.

Learn more about the
Indian fashion and textile market at the website.


Learn more about the textile industry.


Read more: Textile News  Textile Fiber News  Textile Industry News  Fabric News

Search for additional information about Apparel, Fashion or Clothing.

follow the bouncing fashion ball from Apparel Search  

Apparel Search guide to fashion and clothing

Textile News Articles 2012
Textile News Articles 2011
Textile News Articles 2010
Textile News Articles 2009
Textile News Articles 2008
Textile News Articles 2007

Apparel Search Directory - logo with white ground

Textile Industry Articles

Fashion Articles

Trade Show Articles

Pallet Articles

Articles About Jobs - fashion industry

Educational Research Articles - Clothing & Textiles

Textile News 
Textile Fiber News 

Textile Industry News 
Fabric News

Apparel Industry News
Shopping Articles

Fashion Newspaper
Fashion Books
Apparel Magazine

You can find additional textile industry articles at the textile news section at the Fashion Newspaper website.
You can learn more about the textile industry in our textile industry section.  


  Fashion Industry  Fashion Industry Network  Textile Industry Guide 

Apparel Search   Add Your Company   Contact Us   About Us   Advertise   News Letter   Legal   Help
Copyright © 1999-2019 Apparel Search Company.  All Rights Reserved.