The regulator had earlier announced resolution framework 2.0 under which maximum exposure of Rs 25 crore for MSMEs as well as non-MSME smal...

IDBI Bank exited RBIs prompt corrective action (PCA) framework after four years in March this year, posted profits of Rs 512 crore at the e...

Companies with relatively weaker credit profiles, and part of low-resilience sectors are expected to benefit more from the scheme, Crisil s...

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...

"The 9.7 (per cent) was the number as of June 30. Obviously over a period of time some more customers do ask for moratorium, so I can defin...

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

RBI’s Covid-19 regulatory package was announced to mitigate the debt-servicing burden of stressed borrowers. But the moratorium has also ra...

Repo provided for lending to NBFCs, HFCs is a welcome move, says VC & CEO of HDFC.

Sources say the proposal is for banks to be empowered to take commercial decisions for a one-time recast of loans, and without classifying ...

The firm is part of the Avantha Group and among the 29 companies that were asked to come up with a resolution plan before December-end.

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

This militates against the principle of limited liability: shareholder liability is limited to what they have invested by way of fullypaid-...

As of Q3 of FY13, banks recast loans worth nearly Rs 62,100 crore, around 50 per cent more than the recast loans in the whole of last year.

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 ...

K C Chakrabarty, deputy governor of RBI said, “Pace and the quantum of restructuring is worrying the regulators.”

Fitch today said RBI proposals on treatment of restructured loans would increase transparency and be positive for the Indian banking system.

It also said banks should refrain from converting debt into equity, seek higher sacrifice from corporates while restructuring loans.