Clipped from: https://timesofindia.indiatimes.com/ In 2008, because the lending institutions were raising capital through securitization, the investors of ABS instruments went down with the lenders. In the
Month: May 2020
India can recover from the recession. Here is a plan | Analysis – analysis – Hindustan Times
Clipped from: https://www.hindustantimes.com Unveil a construction plan, develop a niche in exports, boost Indian brands, allocate another 2% of the GDP MK Rasgotra and Vishnu KirpalaniThe
SFIO to probe Jaiprakash Associates, Jaypee Infratech for financial irregularities – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ The Serious Fraud Investigation Office (SFIO) will probe Jaypee group’s flagship firm Jaiprakash Associates and bankruptcy-bound Jaypee Infratech for alleged financial irregularities, according
JetAirways crisis: Deadline for submission of EoI is today – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Jet Airways aircraft. File photo – REUTERS Jet Airways aircraft. File photo – REUTERS× It has been over a year since Jet Airways
Protect bankers’ interest for free flow of credit to small firms: Seshagiri Rao – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Seshagiri Rao, Joint MD, JSW Steel (file photo). – THE HINDU Seshagiri Rao, Joint MD, JSW Steel (file photo). – THE HINDU× Banks
Firms red-flag pitfalls of IBC suspension; law’s future unsure, say experts | Business Standard News
Clipped from: https://www.business-standard.com With the Insolvency and Bankruptcy Code, which was the instrument lenders had to make their borrowers fall in line, suspended for a year,
NCLAT’s resolution professional ruling: Several bankruptcy cases face delay | Business Standard News
Clipped from: https://www.business-standard.com National Company Law Appellate Tribunal (NCLAT) had ordered that a former bank official cannot be appointed as a resolution professional (RP) in a
msme stimulus package: 44% MSMEs feel stimulus package not good enough – The Economic Times
Clipped from: https://economictimes.indiatimes.com Forty four per cent of respondents said the relief measures announced by the government earlier this week did not meet expectations and 86%
IBC deferral plan and absence of loan rejig put banks in a fix – The Economic Times
Clipped from: https://economictimes.indiatimes.com Unlike the meltdown of 2008-09, Covid-19 has impacted a far higher number of industries. MUMBAI: Banks are in a quandary over the resolution
A survival-of-the-fittest approach towards MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The structuring of their relief package suggests that the Centre is only keen to ensure the sustenance of somewhat large and viable MSMEs
Centre eroding States’ fiscal autonomy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Restrictive conditionality Only intended to hinder States’ development policies – Getty Images/iStockphoto Restrictive conditionality Only intended to hinder States’ development policies – Getty
CBDT notifies revised Form 26AS, to include details of property, share deal | Business Standard News
Clipped from: https://www.business-standard.com/ To implement this, the Budget 2020-21 had introduced a new Section 285BB in the Income Tax Act Form 26AS is an annual consolidated
Lockdown 4.0: Not looking for dole, need better policies, say Meerut MSMEs | Business Standard News
Clipped from: https://www.business-standard.com/article/economic-revival/lockdown-4-0-not-looking-for-dole-need-better-policies-say-meerut-msmes-120052801729_1.html The fourth of a five-part series looks at the situation in the industrial heartland of Western UP where firms prefer GST refunds, supportive
Do borrowers have any rights? | Business Standard Column
Clipped from: https://www.business-standard.com Can the bank take shelter under the omnibus problems caused by the Covid-19 crisis to indiscriminately cut down on the sanctioned credit limits
Rs 20 lakh crore Covid-19 relief package: Missing demand – The Financial Express
Clipped from: https://www.financialexpress.com/ The package has a large role for RBI, with 40% of the amount mentioned being provided as liquidity by the central bank. What
Blanket ban on recovery impractical, say bankers – The Economic Times
Clipped from: https://economictimes.indiatimes.com Despite the government announcement of Covid-related delinquencies not being treated as a default, it would be impractical to provide a blanket protection against
PNB Housing: PNB Housing Finance takes over Vipul Ltd Project after default – The Economic Times
Clipped from: https://economictimes.indiatimes.com The lender had sent a notice to the Bombay Stock Exchange listed developer in February, demanding repayment of the loan given against its
SBI ready with micro market plan, soft launch on June 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com State Bank of India (SBI) is all set to activate its micro market vertical from June to raise its stake with the bottom-of-the-pyramid
Reopen the malls, spare real estate–Economic Times
Clipped from: https://economictimes.indiatimes.com Restaurants in shopping malls are reportedly looking at moving out of these precincts that have been shut due to the pandemic-induced lockdown. That
Labourer: Projects worth Rs 21.11 lakh cr at a standstill in red zone districts: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ According to the study by projects monitoring organisation Projects Today, around 8,917 projects worth Rs 21.11 lakh crore are stuck in the 108