Most MSMEs’ cash-flows are under deep stress with top line shrinkage of 30-40% in FY21. Industry estimates suggest that Covid-19 could push...

To give relief to borrowers affected by the pandemic, the regulator set up a committee under veteran banker KV Kamath to define a one-time ...

Bankers have requested the regulator that given the case in the SC leading to a prolonged moratorium, they haven’t been able to assess borr...

There were approximately 387 accounts with an exposure of more than ₹1,500 crore that were standard at the end of March. Some of them avail...

An earlier estimate by India Ratings had estimated that up to 7.7% or Rs 8.4 lakh crore of the total bank credit could get restructured or ...

The RBI last month permitted one-time restructuring of both corporate and retail loans without getting classified as a non-performing asset...

India's central bank said last week it will allow restructuring of corporate and personal loans to ease debt strains on companies and lende...

Latest data now suggests that teething troubles have already started for the one-time debt recast.

Videocon with Rs 47,500 crore of debt and Jaiprakash Associates with Rs 26,000 crore were the top two in a bunch of 29 defaulters that the ...

If banker think that the move will ring fence them from investigative agencies on being questioned for decision taken today, it won't serve...

SBI chief Arundhati Bhattacharya was speaking to media after inaugurating “Korea Desk“ at SBI's Mumbai office in collaboration with the Kor...

RBI report on restructured loans says that stressed loans and total bad loans have touched 12.5% of the loan book.

“A consortium of 30 lenders will meet at SBI headquarters to chalk out the future plan of action,“ said a senior bank executive, who did no...

FITL is giving loan for repaying a loan. Here, a lender gives the borrower money to repay the interest component of the loan.

RBI had issued guidelines on a 'Scheme for Sustainable Structuring of Stressed Assets'(S4A) to further strengthen the lenders' ability to d...

If keeping rates unchanged wasn’t bad enough for market, governor’s diktat to keep aside more money for recast-bound loan account has come ...

In a major relaxation of the conditions attached to the debt restructuring scheme for the textile industry announced earlier this month, th...