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Day: June 16, 2018
Welcome Reform in India’s Bond Market–Economic Times–16.06.2018
There are welcome steps underway to have a liquid secondary market for corporate bonds, an institutional shield against future non-performing assets arising from banks funding
Bond losses: RBI allows banks to spread provisions | The Indian Express–16.06.2018
The Reserve Bank of India (RBI) on Friday allowed banks to spread their provisions against bond losses in the June quarter over up to four
Govt moves to get global funds to invest in an ARC for banks – Business Line–16.06.2018
The Centre may rope in multilateral financial institutions, global private equity firms, global pension funds and sovereign wealth funds to invest in the asset reconstruction
Resolution professional invites EOI for 1,200-MW Essar plant in Tori – Business Line–16.06.2018
The resolution professional of Essar Power Jharkand Ltd (EPJL), an SPV of Essar Power, developing 1,200 MW thermal power plant in Tori, Jharkand, has invited
Trump approves tariffs on $50 bn worth of Chinese goods – Business Line–16.06.2018
US President Donald Trump has approved tariffs worth $50 billion on import of goods from China, triggering the possibility of a trade war between the
GST anti-profiteering funds to be split between Centre, state – Business Line–16.06.2018
Centre and the ‘concerned state’ will equally share the amount deposited by erring businesses in the consumer welfare fund set up as part of the
Insolvency process: Adani Power, JSW Energy submit EoIs for Monnet Power | Business Standard News–16.06.2018
JSW Energy and Adani Power have submitted separate Expression of Interests (EoIs) to acquire stressed asset firm Monnet Power, a source told Business Standard. This is the second
Governor is right: RBI should not have nominees on PSB boards | Business Standard Editorials–16.06.2018
There was much to answer for when Reserve Bank of India Governor Urjit Patel met the Parliamentary Standing Committee on Finance earlier this week. The committee, which has among its members
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