FD premature withdrawal process: A single account holder can withdraw a joint bank FD prematurely; here’s how it works, and should you go for it? – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/invest/a-single-account-holder-can-withdraw-a-joint-bank-fd-prematurely-heres-how-it-works-and-should-you-go-for-it/articleshow/84967768.cmsSynopsis There could be a situation in the current pandemic where one of the holders is hospitalised and the other needs to draw the

VI: Saving Vi will be a tightrope walk for lenders. But they may not go out of their way to rescue it. – The Economic Times

Clipped from: https://economictimes.indiatimes.com/prime/media-and-communications/saving-vi-will-be-a-tightrope-walk-for-lenders-but-they-may-not-go-out-of-their-way-to-rescue-it-/primearticleshow/85081166.cms SynopsisVi has a mammoth debt of INR1.8 trillion. And this has been haunting its parent companies. Its sustainability is also under question. To

The haircut that never was: Need to factor in whether a loan account had become an NPA while assessing haircut from its resolution under IBC – The Financial Express

Clipped from: https://www.financialexpress.com/opinion/the-haircut-that-never-was-need-to-factor-in-whether-a-loan-account-had-become-an-npa-while-assessing-haircut-from-its-resolution-under-ibc/2305310/ A delay in initiating the insolvency process also means that creditors, because of their unhappy experience, are more inclined to take back their

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