Indian banks are hit not just by the alarming rise in NPAs but also by serious governance issues There has been an increased interest around
Day: July 4, 2018
Rs 800-900 billion needed to resolve large toxic loans, says Sunil Mehta | Business Standard News–04.07.2018
The resolution of banks’ big-ticket stressed assets, those above Rs 5 billion, would need funds worth Rs 800-900 billion from domestic and international investors. So
Insolvency process: SC asks Binani Cement pleas to be moved to NCLAT | Business Standard News–04.07.2018
The Supreme Court on Monday ordered transferring all litigations related to Binani Cement’s insolvency resolution pending at the Kolkata Bench of the National Company Law
Unlikely the new plan will work as well as the IBC – The Financial Express–04.07.2018
The IBC route is as market-based and transparent as the new approach promises to be. The Sunil Mehta Committee’s suggestion that bad loans should be
One year of GST: Fix refunds to protect exporters – The Financial Express–04.07.2018
In India, you are eligible to apply for GST refund if you are an exporter of goods or services, or a person making supplies of
Public sector banks draw up bad loan resolution plan – The Economic Times–04.07.2018
The alternate investment fund proposed by state-run banks under the five-pronged resolution plan drafted by them will look to raise funds from domestic investors and
No need for intervention as rupee still overvalued by 5-7%: Niti – The Economic Times–04.07.2018
Niti Aayog vice-chairman Rajiv Kumar has said that the weakening of the rupee is not a cause of worry as the Indian currency continues to be overvalued in terms of real effective
A More Nuanced Plan for Resolution–Economic Times–04.07.2018
The move to create an alternate resolution plan for distressed assets in addition to the bankruptcy code is a good idea. The plan, proposed by
‘RBI’s new working capital norms likely to push up default rates’ | The Indian Express–04.07.2018
The Reserve Bank of India’s new draft guidelines on the disbursement of working capital credit are likely to hit the liquidity profile of the most
Jaitley speaks out against witch hunt of bankers – The Hindu–04.07.2018
Union Minister Arun Jaitley on Tuesday spoke strongly against the ‘witch hunt’ against the bankers by investigative agencies and said the Prevention of Corruption Act
modi government following Congress policy for growth on farmers income | कुबडय़ांचे आरोग्य | Loksatta–04.07.2018
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