Clipped from: https://www.thehindubusinessline.com/ Repo rate snipped 40 bps to 4 per cent, reverse repo now at 3.35 per cent; moratorium on debt servicing extended until August
Category: IBC-SEBI
RBI remains silent on one-time loan recast and 180-day NPA recognition – The Financial Express
Clipped from: https://www.financialexpress.com Friday’s regulatory announcements turned out to be bittersweet for banks and industry as the Reserve Bank of India (RBI) granted an extension of
Is this all that RBI can do?–Editorial–Economic Times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/is-this-all-that-rbi-can-do/ It might be useful for the Reserve Bank of India (RBI) to glance through the latest issue of the central bank’s Weekly Statistical
Building a new real estate sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com Land is a state subject. Regulating it has always been difficult. The Narendra Modi government’s strategy to show the direction at the Centre
Supreme Court allows ED to attach assets of JP Morgan after it identifies Rs 187 crore as proceeds of crime – The Economic Times
Clipped from: https://economictimes.indiatimes.com A bench of Justices Arun Mishra and U U Lalit, which took up the matter through video conferencing, granted the permission to the
Moratorium extension not enough, loan recast will be needed: Analysts – The Economic Times
Clipped from: https://economictimes.indiatimes.com Equity investors dumped bank stocks on Dalal Street, sensing deeper pain ahead. NEW DELHI: RBI on Friday extended the moratorium on loan repayments
What steps did the govt take to prevent MSMEs from defaulting on loans? | Business Standard News
Clipped from: https://www.business-standard.com/ Two important steps have been taken in this regard by the govt The Insolvency and Bankruptcy Code is entering a period of suspension
Banks approach MCA to expedite nod for 40 resolved IBC cases – The Economic Times
Clipped from: https://economictimes.indiatimes.com With prospects of almost zero recovery over the next few months, banks are worried that buyers may call off deals or reduce valuations
Banks let 124 companies slip into liquidation despite resolution plans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ “The code envisages maximisation of value and not price,” wrote Dr M.S.Sahoo, chairman, IBBI, in the latest newsletter released by the bankruptcy regulator.
Monsanto pleas against probe into allegations of dominant position abuse dismissed – The Financial Express
It held that the CCI order passed under Section 26(1) of the Competition Act “is an administrative order” and, therefore, unless it is found that
MSME: Cabinet approves Rs 3 lakh cr emergency credit line for MSME; loans at 9.25% rate – The Economic Times
The scheme aims at mitigating the economic distress being faced by about 45 lakh MSMEs by providing them additional funding of up to Rs 3
Big 4: 57% investors say Big-4 auditors have no credibility: IiAS survey – The Economic Times
According to a survey by Institutional Investor Advisory Services of 63 large investors and sell-side analysts numbering 89, conducted online between April 13-21, as much
RIL rights issue: What makes analysts recommend ‘subscribe’ to issue – The Economic Times
Analysts find it ‘quite attractive’ and have advised shareholders to avail the window. Motilal Oswal Securities in a note said the contribution from the standalone
Banks are now expected to bear the bulk of the stimulus cost – The Hindu BusinessLine
The suspension of fresh insolvency proceedings for a period of one year under IBC comes as a breather for MSMEs, but could lead to steep
Insolvency suspension necessary during Covid-19 times: IBBI Chief M S Sahoo – The Hindu BusinessLine
Says there aren’t enough ‘white knights’ to rescue firms in distress In conversation with BusinessLine, IBBI Chief M S Sahoo shares his views on the latest announcement
One-year IBC suspension plan leaves banks in a fix – The Economic Times
A one-year blanket suspension of new cases under the Insolvency Code has surprised bankers. MUMBAI: A one-year blanket suspension of new cases under the Insolvency
reliance rights issue: RIL rights issue set to open: Key things to know before investing – The Economic Times
A rights issue is an instrument for a listed company to raise additional capital. The company will offer one share for every 15 shares held
Blanket one-year ban on fresh insolvency under IBC: A boon for corporates, but huge burden for banks – The Hindu BusinessLine
Unless the RBI offers dispensation on recognition of defaults or one-time restructuring, banks could face immense pressure going ahead In a bid to offer respite
New-look inter-creditor agreement on the cards as IBC process suspended | Business Standard News
The Indian Banks’ Association can be expected to begin formal discussions with the wider banking fraternity over the next fortnight Under the current arrangement when
One-year IBC suspension plan leaves banks in a fix—The Economic Times
The plan will protect firms from bank action now, but any delay in revival will lead to a surge in cases later. MUMBAI: A one-year
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