Dec 14, 20201 minBorrowers need not submit specific resolution plan for invoking Resolution Framework: RBIThe Reserve Bank of India told the Supreme Court on 12 December 2020 that borrowers opting for resolution of COVID-related stressed loans...
Dec 14, 20202 minForeign capital, remedy to India’s bad debt: says economist Abhijit BanerjeeThere is a lot of discussion going on about whether private players should be allowed in the Indian banking sector or not? Nobel laureate...
Dec 13, 20202 min$10 trillion GDP in 10 years, India needs larger banks: K V KamathKV Kamath, the chairman of the New Development Bank, who has just completed his five-year tenure, says India needs large financial...
Dec 12, 20201 minRetail loans in stress, but not alarming, say expertsAs the moratorium period ended in August 2020, banks are facing some cracks but these stresses are not alarming, said experts. However,...
Dec 12, 20201 minBattle for acquiring stressed assets under insolvency proceedingA lot of bidders are battling to acquire the stressed industrial establishment lying under the insolvency resolution process. Not only...
Dec 11, 20201 minFunding infra and MSMEs need corporate backed banksThe Reserve Bank of India recently released a report by its internal working group that suggested the licensing policy of private banks...