UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 10 Issue 2
February-2023
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

7.95 impact factor calculated by Google scholar

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Published Paper ID:
JETIR2302131


Registration ID:
508346

Page Number

b199-b222

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Title

Impact of coal scam on power, mining and steel industries with special reference to companies financed by PSU(UCO) bank

Abstract

ABSTRACT For this study, secondary data was collected from different sources . The Researcher has studied/gone through in details the files of the borrower companies financed by UCO bank,. UCO Bank has no exposure in the companies whose Coal Blocks have been de- allocated by Government of India. As such, there is no direct impact at present on Bank’s exposure. However, there may be indirect impact on cash flow of the following two companies as stated below impacting the repayment capacity of the companies. • M/s Corporate Ispat Alloys Ltd. having term loan facility of Rs. 100 crores sanctioned by UCO bank was allocated Chitarpur coal block.. As UCO Bank has not sanctioned /issued BG in this account, therefore, there is no immediate impact on UCO Bank’s exposure on account of this. • M/s Jayaswal Neco Industries Ltd. having term loan facility of Rs.75 crores sanctioned by UCO Bank was allocated Moitra Coal Block.. As UCO Bank has not sanctioned /issued BG in this account, there is no immediate impact on UCO Bank’s exposure on account this. In this paper researcher has studied the impact of coal scam in different sectors.

Key Words

coalgate,nationalisation,CAG,Beneficiaries

Cite This Article

"Impact of coal scam on power, mining and steel industries with special reference to companies financed by PSU(UCO) bank ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 2, page no.b199-b222, February-2023, Available :http://www.jetir.org/papers/JETIR2302131.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Impact of coal scam on power, mining and steel industries with special reference to companies financed by PSU(UCO) bank ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 2, page no. ppb199-b222, February-2023, Available at : http://www.jetir.org/papers/JETIR2302131.pdf

Publication Details

Published Paper ID: JETIR2302131
Registration ID: 508346
Published In: Volume 10 | Issue 2 | Year February-2023
DOI (Digital Object Identifier):
Page No: b199-b222
Country: BHUBANESWAR, Odisha, India .
Area: Management
ISSN Number: 2349-5162
Publisher: IJ Publication


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