By Taponeel Mukherjee Banking headlines over the last few months have been dominated by a decline in specific bank share prices that have highlighted both
Day: October 6, 2019
MCA looking to set minimum threshold for homebuyers initiating insolvency – The Economic Times
According to him, innovative ways need to be looked at to ensure that homebuyers do not abuse the insolvency resolution framework. The government is looking
Remove doubts: Judges must give reasons for recusal–Times of India
Before the Supreme Court gave social activist Gautam Navlakha interim protection from arrest till October 15 in the Bhima-Koregaon case, five judges of the apex
Why monetary easing alone is not enough | Business Standard Column
Lowering interest rates is seen a policy device to nudge the economy out of its sluggish growth phase. Introductory macroeconomic theory tells us that lowering
Why ration out rate cuts when slowdown is so sharp? | Business Standard Column
There are two key takeaways from the Indian central bank’s fourth bi-monthly monetary policy. One, the monetary policy making body of the Reserve Bank of India (RBI)
RBI policy: A cut in rate was expected; a cut in GDP growth target was not | Business Standard News
It was widely expected that the Reserve Bank of India (RBI) would cut interest rates on Friday for two reasons. The first is that by now it
NCLAT sets aside insolvency plea of bauxite exporter Ashapura Minechem | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) has set aside an order of the Mumbai NCLT admitting a plea filed by bentonite and bauxite exporter
Central Bank withdraws insolvency application against Aban Offshore | Business Standard News
Central Bank of India one of the lender of offshore drilling contractor Aban Offshore, has withdrawn their insolvency application against the company. The National Company Law Tribunal (NCLT)
A first for PSUs: NHPC acquires Lanco’s Teesta-6 hydro project under IBC – The Financial Express
In a first instance of a state-run company acquiring a stressed asset under the insolvency and bankruptcy code, NHPC on Friday signed an agreement to
RBI cuts rates but makes it clear a revival will take time – The Financial Express
Friday’s cut in the repo rate of 25 basis points, taking it to 5.15%, which is the lowest in nine years, is unlikely to move
Monetary easing is fine, but not enough – The Hindu BusinessLine
Lower rates and fiscal stimulus alone will not spur growth. Structural constraints, economic and financial, need to be addressed With a 25-basis point cut in
Monetary accommodation continues in push for growth – The Hindu BusinessLine
But, there are limits to the effectiveness of monetary policy in a demand-constrained economy with ‘weak consumer sentiment’ It was an anxious Monetary Policy Committee
NITI Aayog’s Rajiv Kumar for more reforms in banking sector – The Hindu BusinessLine
NITI Aayog Vice-Chairman Rajiv Kumar on Friday called for further reforms in the banking sector after the recent recapitalisation and mergers, saying banks need autonomy
Number of distressed real estate developers doubles after collapse of IL&FS – The Hindu BusinessLine
As many as 421 real estate developers entered bankruptcy court by the end of June The number of Indian real estate companies tipped into insolvency
