Interestingly, India is among the few countries with rules to keep promoters and the board of directors away from a company during the insolvency resolution
Category: RBI–Banks
Insolvency: More tinkering to plug loopholes | Business Standard Column–13.11.2017
On November 7, the Insolvency and Bankruptcy Board of India (IBBI) came out with a notification that is a classic example of motherhood statements from
The greatest threat to PSU banks are fintech disruptions | analysis | Hindustan Times–13.11.2017
Despite a willingness to embrace bold and disruptive economic ideas, Narendra Modi has shown a strange reluctance to get the government out of businesses in
Fixing stressed assets needs more than just bank recapitalisation | Business Standard Column–12.11.2017
India has been grappling with the problem of stressed assets in the banking system for a while. This has held down private investment by restraining
Govt plans lending reforms as bankers fear new bad debt crisis–12.11.2017
Weeks after the government unveiled a $32 billion bailout of state-run banks, top finance ministry officials and bankers will meet this weekend to discuss lending
The Economy Debate-Mr. P Chidambaram and Mr. Rajiv Kumar– Business Today–10.11.2017
http://www.businesstoday.in/magazine/features/indian-economy-p-chidambaram-gst-job-creation-fiscal-stimulus-agriculture-crisis/story/262124.html The Indian economy is being buffeted by a series of crises. Economic growth has slowed down considerably. This has led to lower private investment,
‘Dubious’ promoters should not get refuge under IBC: Sajjan Jindal – The Economic Times–09.11.2017
JSW Steel is one of the firms keen to buy stressed assets referred to National Company Law Tribunal. Indian companies and promoters battling to take
Uday Kotak: There is very limited room to reduce rates: Uday Kotak – The Economic Times–09.11.2017
There is a high probability that some of the 12 large accounts referred by the Reserve Bank of India for bankruptcy proceedings will be resolved
Demonetisation: A year after note ban, cashless economy is still a distant dream – The Economic Times–08.11.2017
If we were to go by data with RBI, cash is still king while cashless forms just 5 per cent of all the transactions in
Kinara Capital raises $14.5 million in Series C funding – The Economic Times–08.11.2017
Bangalore-based NBFC Kinara Capital on Monday said it has raised $14.5 million in Series C funding from multiple investors which will be deployed to expand
‘I consider demonetisation an investment’ | S Gurumurthy–Business Line–08.11.2017
Demonetisation has affected all sections of the society “However, it is a corrective step. I consider demonetisation as an investment,” said economist and journalist S
Post re-cap, banks may take sharp haircuts to end steel sector exposure | Business Line–08.11.2017
The ₹2.11-trillion ($32 billion) recapitalisation support to be provided by the government to State-run banks may prompt them to take bigger haircuts on their exposure
All you wanted to know about recapitalisation bonds | Business Line–07.11.2017
Eeconomic updates by the finance ministry seldom get the stock market to dance a jig. But the FM’s press conference on October 24 did. The
Desperate, risky measure–Deccan Herald–07.11.2017
The Rs 2.11 lakh crore recapitalisation plan announced for public sector banks (PSBs) is a ‘monumental step’ not because we may get great results from
Make it rule-based | Business Standard Editorials–06.11.2017
While the bad loans problem in public sector banks has long been understood, some recent problematic results and associated regulatory actions have highlighted that banks
Why make PSUs buy recapitalisation bonds?–Economic Times–05.11.2017
The government will reportedly nudge public sector undertakings (PSUs) to invest their surplus funds in the Rs 1.35 lakh crore recapitalisation bonds meant to shore
Bailout to banks is not going to cure bad behaviour–Times of India–05.11.2017
The government is rescuing bust public sector banks with Rs 1,35,000 crore of recapitalisation bonds as part of a Rs 2,11,000-crore package. RBI governor Urjit
Jugaad of bank recapitalisation: How finance ministers adhere to fiscal deficit targets while increasing borrowings–Times of India–05.11.2017
Twitter has been abuzz with the government congratulating itself over its ‘unprecedented’ rescue package for India’s ailing banking sector. The adjective is certainly not misplaced
Bank recapitalization: an integrated package–Economic Times–05.11.2017
Compared to the dribblets that were earlier made available the 2.11 lakh crores infusion announced yesterday is adequate for provisioning and regulatory requirements as well
How to revive bank credit: Government should, to begin with, offer PSBs bonds in return for equivalent equity–Times of India–05.11.2017
There is general agreement that tepid growth in bank credit has been a major obstacle to launching the economy into a 8% plus growth trajectory.
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