वित्तीय सेवा विभाग प्रमुख श्री राजीव कुमार यांच्या मते ७ लाख एमएसएमइ ना पुनर्गठन पॅकेजची गरज आहे. अशा उद्योगांना दिलेल्या कर्जाची येणे असलेली रक्कम जवळ जवळ
Day: February 11, 2019
Government and RBI should address differences between them: Y V Reddy – The Economic Times
The RBI sop was abused by banks and industry giving rise to NPAs, according to former RBI governor Y V Reddy. The government pushed regulatory forebearance post
Special MSME package can help 7 cr accounts, Rs 1 L cr loans: Fin secy – The Economic Times
He said 7 lakh MSME units need restructuring. The Reserve Banks restructuring package for small businesses announced last month will help recast Rs 1 lakh
Finance Ministry seeks transfer of Rs 27,380 crore from RBI retained towards risks, reserves – The Financial Express
The finance ministry has sought from the Reserve Bank of India (RBI) Rs 27,380 crore that was withheld by the central bank towards risks and
IMF warns of global economic ‘storm’ as growth undershoots – The Financial Express
Lagarde said trade tensions — mainly in the shape of a tariff spat between the United States and China, the world’s two biggest economies —
RBI MSME package to help recast Rs 1-trn loans for 700k accounts: Govt | Business Standard News
The Reserve Bank’s restructuring package for small businesses announced last month will help recast Rs 1 trillion of loans for 700,000 eligible micro, small and
NPA overhang may go in first half of next year: SBI – The Hindu BusinessLine
The State Bank of India expects the NPA overhang in the banking sector to “dissipate in the first half of 2019-20,” said the bank’s Managing
Apex court declines to use powers to reverse liquidation orders – The Hindu BusinessLine
NCLT cannot evaluate CoC’s commercial decision The Supreme Court has declined to use its powers relegated under Article 142 to revoke the liquidation order pronounced
Govt explores pre-packaged bankruptcy plan to fast track insolvency process | Business Standard News
The feasibility of implementing a ‘pre-packaged’ bankruptcy scheme, prevalent in the US, is under consideration, it is learnt. The move is meant to strengthen the
Bankruptcy code: NCLT can’t evaluate CoC decision on resolution plan, says SC – The Financial Express
The appellate tribunal had also reversed the decision of the NCLT, Hyderabad, which had approved its resolution plan related to Hyderabad-based Kamineni Steel & Power
Bhushan Power lenders likely to reject Sanjay Singal’s last-minute offer – The Financial Express
Lenders to Bhushan Power and Steel (BPSL) are likely to reject the last-minute offer made by the debt-ridden firm’s erstwhile owner Sanjay Singal of repaying
In the digital era, judging is under stress, says Supreme Court judge A.K.Sikri–The Print
Judging is “under stress” in the digital era, a Supreme Court judge said Sunday, lamenting that even before a case is taken up by the
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