More than the bad loans and the losses, what should worry us is the state of lending At ₹10-lakh crore, India’s bank NPAs crossed a
Category: RBI–Banks
Inputs for Allahabad High Court: RBI’s one-size-fits-all policy imprudent, says Finance Ministry – The Financial Express
The RBI’s February circular stipulates a one-day default rule on term loans, which mandates treating a borrower who misses repayments as a defaulter the very
Speeding up NPA resolution: The inter-creditor agreement is better than the earlier JLF system – The Financial Express
The inter-creditor agreement (ICA) signed by two dozen banks and expected to be signed by other lenders—mainly insurance companies and financial institutions—should help speed up
Anti-graft Bill: Amendments will help quicken decision-making, say experts | Business Standard Column
The amendments will help quicken decision-making among civil servants, though it may not help those who are congenitally non-decision makers. The honest public servant should
Inter-creditor agreement: Legal issues may affect operations, say experts | Business Standard Column
Barely days after 24 public sector banks signed an inter-creditor agreement (ICA), as part of recently initiated bank-led resolution approach (BLRA) to deal with distressed assets, there appears to
Stressed assets: Govt wants IBC relief for a dozen power projects | Business Standard News
The Centre, in its submission to the Allahabad High Court, could seek regulatory relief for a dozen power projects with an overall debt exposure of around Rs
Meet India’s ‘best bank’: The Indian Bank – The Economic Times
A major scam hit the bank in the mid-1990s when M Gopalakrishnan, the then chairman and managing director, extended loans to undeserving politicians and corporations.
RBI backs plan to have an ARC take over stressed power assets – The Hindu BusinessLine
The Reserve Bank of India has seconded the Rural Electrification Corporation’s proposal to form an Asset Reconstruction Company (ARC) to take over stressed assets in
RBI’s Public Credit Registry gives jitters to credit bureaus | Business Standard News
The country’s credit information industry will be transformed when the Reserve Bank of India’s Public Credit Registry (PCR) becomes operational. But the lack of clarity around the
RBI’s dilemma | Business Standard Editorials
When the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) discussed the bi-monthly review of the monetary stance in early June, there was a certain
Negotiable Instruments Act | धनादेशाची पत वाढावी म्हणून.. | Loksatta
‘परक्राम्य संलेख कायदा’ अर्थात ‘निगोशिएबल इन्स्ट्रमेंट्स अॅक्ट’मध्ये दुरुस्ती करणाऱ्या विधेयकास लोकसभेने मंजुरी दिल्यामुळे या संदर्भात नवा आणि कालसुसंगत कायदा बनण्याचा मार्ग मोकळा झाला आहे. भारतात
Delays in resolution and excessive litigation lead banks to sell NCLT exposures for quick cash recoveries – The Financial Express
The accounts which are reported to have seen the most number of lenders exiting are Essar Steel and Bhushan Steel. Lenders have put on sale
CBDT expands scope of tax audit process – The Financial Express
One of the amendments requires reporting on separate expenditure incurred on entities registered under the GST and those that are outside the ambit. The Central
Making Sashakt scheme work – The Financial Express
Earlier this month, a committee of representatives from several banks—led by the Punjab National Bank chairman Sunil Mehta—announced an alternative mechanism for resolving bad loans,
4,387 large borrowers account for 90 per cent of NPAs – The Financial Express
The government today said 4,387 large borrowers accounted for Rs 8.6 lakh crore or 90 per cent of total non-performing assets (NPAs) of the banking
A desirable route to flexible resolution
The new inter-creditor agreement (ICA), signed by two dozen banks and financial institutions, to resolve bad loans is welcome. It gives lenders flexibility in taking
Banks, FIs come together for faster resolution of stressed accounts – Business Line
In a bid to expeditiously tackle stressed assets aggregating ₹3.10 lakh crore in the ₹50-500-crore category, 24 banks on Monday signed an Inter-Creditor Agreement (ICA)
Saying ‘Aye’ to lending to bottom-of-the-pyramid units – EMERGING ENTREPRENEURS – Business Line
Saying ‘Aye’ to lending to bottom-of-the-pyramid units T- Aye Finance also helps micro-enterprisesfind bigger markets for their products Sanjay Sharma and Vikram Jetley, both with
24 lenders sign an inter-creditor agreement for faster NPA resolutions | Business Standard News
Two dozen lenders including State Bank of India and Punjab National Bank on Monday signed an inter-creditor agreement (ICA) to speed up the resolution process of stressed assets in the range of Rs
Lenders sign inter-creditor pact to tackle bad loans – The Financial Express
Lenders sign inter-creditor pact to tackle bad loans As many as two dozen lenders signed the inter-creditor agreement (ICA) on Monday to tackle bad loans
aniltikotekar4sme.com 