by Ronojoy Mazumdar The Reserve Bank of India will permit lenders to restructure stressed loans to small companies, breaking from a five-year-old policy of eschewing sweeping corporate
bad loans: View: A bad loan farce gets another rerun in India – The Economic Times
by Andy Mukherjee A new year, a new central bank governor. Yet the first salvo to come out of the Reserve Bank of India’s policy
MSME: RBI provides 1-year loan rejig window for MSMEs
The Reserve Bank of India (RBI) has opened a loan-restructuring window for micro, small and medium enterprises (MSMEs) for a year, yielding to a key demand of
2019 may finally put an end to India’s banking woes – The Economic Times
RBI’s proposed public credit registry for aggregating information about borrowers from multiple agencies at one place is expected to repeat the performance in retail loans.
IBC: India Inc’s sudden and gradual road to freedom – The Economic Times
Till date, IBC has resolved cases involving debt of Rs 3 lakh crore comprising Rs 1.2 lakh crore at the pre-admission stage. The Insolvency and Bankruptcy
RBI loan recast gift to MSMEs: Proposed to Urjit Patel, applied by Shaktikanta Das, hailed by Gurumurthy – The Financial Express
The loan restructuring plan for MSMEs, then called by Fitch Ratings as a “step backwards” when proposed in November, has now been hailed by S
Rational Expectations: Fix government policy, or NPAs will rise again – The Financial Express
A severe stress situation is one where, for instance, GDP growth collapses to 5% in FY19 and then to 4.4% in FY20 while the fiscal
Extend loan restructuring scheme to MSMEs not yet registered under GST: Industry – The Financial Express
The Reserve Bank of India (RBI) Tuesday allowed a one-time restructuring of the existing debt of up to Rs 25 crore for the companies that
Budget numbers game: How revised estimates allow govt to fix its deficits | Business Standard News
Union Budgets are largely judged by the numbers they project for the coming year and by the extent of slippage or improvement over the numbers
How a bad loan farce gets another rerun after U-turn in RBI’s philosophy | Business Standard News
A new year, a new central bank governor. Yet the first salvo to come out of the Reserve Bank of India’s policy arsenal in 2019
Europe’s strongest pillar | Business Standard Editorials
Twenty years ago, on January 1, 1999, a new currency came into being. Eleven members of the European Union fixed their currencies’ exchange rates against each other,
CoC, RP faced with grey areas in IBC as bidders hold-up plan implementation | Business Standard News
At least seven companies under the Insolvency and Bankruptcy Code (IBC) are staring at a situation where preferred bidders have raised issues or are reluctant
How IBC changes the game | Business Standard Column
The implementation of the Insolvency and Bankruptcy Code (IBC) is facing difficulties. For the largest firms, there is a whiff of SICA (Sick Industrial Companies Act) in the air,
Direct tax-GDP ratio of 5.98% during FY’18 best in 10 years: FinMin – The Hindu BusinessLine
The direct tax-to-GDP ratio of 5.98 per cent achieved during 2017-18 fiscal is the best in the last 10 years, the finance ministry said on
RBI for one-time restructuring of MSME loans – The Hindu BusinessLine
In a breather to the micro, small and medium enterprise (MSME) sector, the Reserve Bank of India has decided to permit one-time restructuring of existing
A long way to go, still – MONEY & BANKING – The Hindu BusinessLine
It has been an eventful year for the ever-evolving Insolvency and Bankruptcy Code, though it has delivered very little to the purpose for which it
‘Procedural issues getting resolved’ – MONEY & BANKING – The Hindu BusinessLine
JSW Steel is among the few corporates to have an interesting tryst with IBC. After giving up on attempts to takeover Bhushan Steel, it succeeded
Employees of bankrupt RTIL join hands to revive company – NEWS – The Hindu BusinessLine
In a first for a bankruptcy firm, nearly 200 employees of debt-ridden RTIL — formerly Reid & Taylor (India) — have formed an association to
RBI vs Govt in 2018: A ‘husband-wife’ relation that turned stormy – The Economic Times
There was however a truce on two issues, including with regard to reserves. The relation between the Reserve Bank and the government is akin to
raghuram rajan: View: 8 things India must do in 2019 to tide over economic challenges – The Economic Times
By Raghuram Rajan and Abhijit Banerjee Last October thirteen of us, all economists, got together in the hope that as the country gears up for elections, we