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...

Want central bank to classify second Covid wave as national natural calamity

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...

In August, the RBI had allowed one-time restructuring for personal loans and for non-MSME corporate borrowers having an aggregate exposure ...

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.

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...

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

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 ...

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

Seeking a bailout for the troubled textile industry, the ministry has moved a revised proposal for recasting textile loans worth over Rs 1 ...

Despite mounting bad assets being witnessed by many lenders, RBI ruled out any special dispensation on provisioning norms in case of debt r...