Delays, the poor health of sponsors, stressed assets and the reluctance of banks to provide funding has derailed many plans, with several projects headed to
Category: RBI–Banks
How difficult is it to get a loan for your business? – The Economic Times
By Rishi Mehra Business loans often serve as a backbone for an enterprise and this is particularly true for a small business. There is no one
Government move on IL&FS needs time–Economic Times
The National Company Law Appellate Tribunal (NCLAT) has reportedly granted a stay on the National Company Law Tribunal’s (NCLT) order that rejected a moratorium on
Is IBC slowing Rave Scans resolutions? – The Economic Times-R
The very first case admitted by National Company Law Tribunal’s Delhi principal bench under Insolvency and Bankruptcy Code was against printing services firm Rave Scan, and two years hence
IBC: New delisting norms for IBC companies could trip punters’ bets – The Economic Times-R
By- Pavan Burugula Mumbai:Investors who have punted on the Insolvency and Bankruptcy Code (IBC) bound stocks hoping to cash in on business turnaround could be
IL&FS: NCLT rejects government’s plea of 3-month moratorium for IL&FS
In a likely blow to the government and the newly constituted board of Infrastructure Leasing & Financial Services (IL&FS), the Mumbai NCLT Bench rejected the
View: Off balance sheet solution can resolve NBFCs’ crisis of confidence – The Economic Times
By R Sridhar The ‘non’ in the non-banking finance companies (NBFCs) carries an unfortunate negative connotation. While in reality, NBFCs are basically complementing the banks
Probe agencies want banks to send alerts on defaulters in advance – The Economic Times
After a string of big business bosses like Vijay Mallya, Nirav Modi, Mehul Choksi and the Sandesara brothers indicted of financial crimes slipped out of the country, law enforcing
NBFC crisis is because we haven’t learned from 2008 mistakes: UBI MD Ashok Pradhan – The Economic Times
United Bank of India’s managing director Ashok Kumar Pradhan’s appointment marks a deviation from the usual practice of bringing an outsider to lead the bank.
Raised DRT threshold will speed up NPA recovery: DFS Secy | The Economic Times Video
The decision to double the limit to Rs 20 lakh for filing applications in debt recovery tribunals will help them focus on high value matters
IL&FS saga tells us that the experts cannot be trusted – The Economic Times
What the whole sorry IL&FS saga tells us is that we can’t trust the experts. There are exceptions of course, but many use their expertise
bond market: How bankruptcy code is helping deepen corporate bond market – The Economic Times
A recent study has noted that India’s corporate bond market, which contributes 17 per cent to the country’s Gross Domestic Product(GDP) and is highly concentrated in the
Bankruptcy Code will deepen Indian corporate bond market: Assocham – The Financial Express
Gross NPAs in the Indian banking system have accumulated to a staggering Rs 10 lakh crore. (Assocham website) The successful resolution of issues of banks’
NCLT dismisses insolvency petition against Duncans Industries – The Financial Express
Vide the notification dated January 28, 2016 under Section 16E of the Tea Act, the central government had authorised the Tea Board to take over
[ Monetary Policy ] Another surprise | Business Standard Editorials
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) seems to be making a habit of throwing up surprises. In the past two bi-monthly reviews, the
The exchange rate is the shock absorber | Business Standard Column
Foreign capital inflows finance the gap between investment and savings. The exchange rate is the price that adjusts to ensure that the capital inflow is exactly as large
The new (dis)order of our financial system | Business Standard Column
Many analysts are defining the near-collapse of Infrastructure Leasing & Financial Services Ltd (IL&FS) as the Lehman moment for India. We need to wait as
[ Export Promotion ] Opaque policies breed lobbying, corruption | Business Standard Column
In a surprising move, the government has doubled the rewards for dairy products under the Merchandise Exports from India Scheme (MEIS). The rates for items such as cheese, skimmed
I doubt rating agencies’ ability to spot misconduct by IL&FS: A K Pradhan | Business Standard News
Ashok Kumar Pradhan, Managing Director & Chief Executive Officer of United Bank of India Kolkata-based United Bank of India is under the Reserve Bank’s Prompt Corrective Action
IBC: SC lays down guidelines in an attempt to speed up resolution process | Business Standard Column
The Supreme Court has set out how the corporate insolvency resolution process would work from inception while hearing the Essar Steel case, primarily with the
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