Supreme Court’s verdict declaring RBI’s February 12 circular as unconstitutional is credit negative for the banks, said a global rating agency. Following this setback to the
Category: News of interest
वाचकांना माझ्या दृष्टीने महत्वाच्या वाटणाऱ्या बातम्या देण्याचा प्रयत्न केला आहे –ज्या source मधून ह्या बातम्याचे विवरण केले आहे त्या त्या source चे नाव व लिंक दिली आहे. ही लिंक क्लिक केल्यानंतर वाचकांना मूळ source मधील बातमी सविस्तर पणे वाचता येईल. तसेच नंतरही कधीही या बातम्या वाचता येतील त्यासाठी search option किंवा calender चा पर्याय निवडून बातमी वाचता येईल –उद्देश सर्वच बातम्या –रोजच –सविस्तर वाचणे कधी कधी शक्य नसते अशा वेळेस नंतर देखील अशा महत्वाच्या बातम्या वाचता याव्यात–असा उद्देश आहे. — डिसेंबर २०१६ च्या आधीच्या अशा तऱ्हेच्या Latest Post या category खाली दिल्या आहेत. —ही website कोणत्याही आर्थिक मोबदला मिळावा म्हणून सुरु केलेली नाही. तसेच सर्व प्रयत्न परिपूर्ण आहेत असाही दावा नाही. पण काही तरी उपयोगी करून दाखवण्याचा मात्र उद्देश जरूर आहे. सुधारणा सुचवून वाचकांनी माझ्या प्रयत्नात सामील व्हावे अशी विनंती आहे–
SC order on RBI circular doesn’t take away our right to go to NCLTs: Banks | Business Standard News
Bankers have opined that the Supreme Court quashing the February 12 circular on NPA recognition does not dilute credit discipline and that they will continue the resolution
SC order on RBI circular negative for banks, may defer debt resolution | Business Standard News
Ratings agencies and industry analysts have said the Supreme Court striking down the February 12 RBI circular on loan defaults as credit negative for banks as the debt resolution process may have to be started
SC order raises questions on the way Banking Regulation Act empowered RBI | Business Standard Column
The Supreme Court (SC) order quashing the circular of the Reserve Bank of India (RBI) issued on February 12, 2018, may have given relief to
Setback for RBI | Business Standard Editorials
Prima facie, the Supreme Court’s judgment quashing the Reserve Bank of India’s (RBI’s) February 12, 2018, circular, mandating banks to recognise one-day defaults and invoke
SC order on insolvency circular is a blow but war on bad loans to continue | Business Standard Column
At the risk of being in contempt of court, I would love to say that Tuesday’s Supreme Court judgment in military parlance is akin to
Realtors can opt for old GST rates with input tax credit till May 10 | Business Standard News
Real estate firms have time till May 10 to communicate to their respective jurisdictional officers whether they want to continue with the old GST rates with input tax
Will banks act proactively to deal with stressed assets or kick the can down the road? – The Hindu BusinessLine
The sword of Damocles hanging over banks’ heads has been done away with, thanks to the Supreme Court’s ruling that has struck down the RBI’s
A huge setback – The Hindu BusinessLine
By quashing the RBI circular on resolution under IBC, SC has complicated the NPA mess By striking down the RBI’s February 2018 circular that mandated
Rating agencies see further delay in resolution process of stressed assets – The Hindu BusinessLine
But genuine borrowers now have more time for resolution The resolution of stressed loans where lenders’ aggregate exposure is ₹2,000 crore or more could get
| संहिता सैलावणार | बँकातील अनुत्पादित खाती लोकसत्ता
सर्वोच्च न्यायालयाचा निर्णय एका अर्थी योग्यच; परंतु आपल्याकडे बँकांना असलेल्या स्वातंत्र्याची मर्यादा लक्षात घेता त्याच्या परिणामकारकतेची खात्री नाही.. बुडीत कर्जे मार्गी लावण्यासाठी सहा महिन्यांत उद्योग
View: Congress’ NYAY isn’t airy-fairy at all – The Economic Times
By Praveen Chakravarty On March 25, Congress president Rahul Gandhi unveiled the Nyuntam Aay Yojana (NYAY) — minimum income scheme — an unconditional cash transfer programme for India’s 50
GST: Got a GST demand notice from taxman? These are the options you’ve to deal with it–Economic Times
By Archit Gupta Goods and services tax (GST) authorities are now tightening their reigns on those taxpayers who haven’t cleared their dues. The financial year has ended
In the interest of economy, CoC must rescue only viable firms – The Financial Express
By MS Sahoo In its long title, the Insolvency and Bankruptcy Code, 2016, specifies its objectives. It is reorganisation and insolvency resolution (reorganisation) of certain
GST collection back above Rs 1 lakh crore in March; hits new record high as return filings increase – The Financial Express
GST collections scaled record high of Rs 1.06 lakh crore in March, up from Rs 97,247 crore in the previous month, as compliance improved amid
RBI’s challenges | Business Standard Editorials
The main takeaway from the last monetary policy review of the Reserve Bank of India in February was a growing realignment between the financial stability concerns of the central
External stress returns | Business Standard Editorials
The official data is now available for India’s external account in the third quarter of the financial year 2018-19, between October and December 2018. According
NYAY works against jobs | Business Standard Column
Jobs has taken centre-stage in this election. While the government is on the defence (no pun intended), the opposition is gunning hard on the jobs front. The Congress,
Rahul Gandhi’s minimum income plan is fatally flawed – The Economic Times
Rahul’s NYAY will cost almost five times more, Rs 360,000 crore, or 1.8% of GDP. Indira Gandhi’s ‘Garibi Hatao’ swept the polls in 1971. Rahul Gandhi hopes
Junk Route to Active Corporate Bond Market–Economic Times
The lack of guidelines for investment in lower-rated bonds continues to hamper corporate bond market development in India. Sebi’s recent circular, however, has streamlined valuation