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COVID LOAN RESTRUCTURING
Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
Street vendors earn more, go digital under PM-SVANidhiThe PM-SVANidhi scheme has significantly boosted street vendor incomes by 20%. Digital transactions by vendors have nearly doubled, reachin...
Fresh COVID wave risk for bank asset quality, especially for restructured loan books: ICRAThe agency pointed out a chunk of banks’ restructured books was under moratorium as on September 30, 2021, and could hence face risks of sl...
Third wave of COVID-19 to pose risk to asset quality of banks: ICRAA third wave poses a high risk to the performance of the borrowers that were impacted by the previous waves and hence poses a risk to the i...
SBI loan restructuring 2.0: Terms, who is eligible, how to applyThe country's largest public sector lender, State Bank of India (SBI) has released the guidelines adopted by the bank with regard to implem...
HDFC Bank's loan restructuring 2.0 policy: Terms and conditions, eligibility, chargesVarious banks have announced the terms and conditions for availing their loan restructuring 2.0. Here is a look at the FAQs of HDFC Bank's ...
Strong buffers to help Indian banks withstand fresh surge in bad loans, says Moody'sIndia’s second coronavirus wave is increasing asset risks for banks, but the country’s economic recovery, a tightening of loan underwriting...
Few takers for restructuring 2.0 amid demand recovery: CRISILThe fact that only a handful of companies are exploring the restructuring option could be reflective of a relatively improved business outl...
Despite recast, significant stress seen among MSMEs - RBI“Despite the restructuring, however, stress in the MSME portfolio of PSBs remains high,” the regulator noted. “While PSBs have actively res...
Restructure retail & individual loan accounts, liquidity support: FIDC to RBIThe body in a letter addressed to Shaktikanta Das, Governor of RBI, said this was for the interests of retail NBFCs who “primarily cater to...
5% of total bank loans could be restructured due to Covid: CARE RatingsAn 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 ...
Only standard loan accounts with no default as of March 1 can be recast under Covid scheme: RBIRBI said a loan account that was due for more than 30 days as on March 1, 2020, but subsequently got regularised, will not be ineligible fo...
HDFC Bank loan restructuring: Who can avail the scheme, documents required, impact on credit reportAs per the FAQs released by the HDFC Bank, individuals are eligible to apply for loan restructuring irrespective of whether they have opted...
SBI retail borrowers can check loan recast eligibility with a clickCustomers have to enter their loan account number, income pre-Covid, current income and also expected income in the near term for the bank ...
State Bank of India kicks off restructuring of retail loansCustomers have to enter their loan account number, income pre Covid, current income and also expected income in the near term for the bank ...
Loan restructuring: Companies in worst-hit sectors may face increased scrutinyAmong the financial ratios to be monitored are total debt-to-Ebitda and total outside liability to adjusted tangible net worth (TOL/ATNW). ...
It will be a long road to recovery from Covid-19: Axis Bank's Amitabh ChaudhryWe are in a long haul before the economy recovers to pre-Covid levels partly driven by the fact that consumption patterns have been debilit...
How RBI's new loan restructuring framework is different from previous schemesFollowing is the comparison between the previous restructuring schemes and the new Covid-19 related framework.
RERA to approach RBI for loan restructuring for real estate sectorDevelopers feel that the criteria of Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects or SWAMIH ...