Reality dawns on banks after data shows RBI's recast out of bounds for most of India's bad loansLatest data now suggests that teething troubles have already started for the one-time debt recast.
11 Aug, 2020, 02.05 PM IST
Videocon may be referred to bankruptcy courtVideocon 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 ...
26 Dec, 2017, 08.01 AM IST
Will expanding the ambit of oversight committee for stressed loan help bank customers?If banker think that the move will ring fence them from investigative agencies on being questioned for decision taken today, it won't serve...
17 Feb, 2017, 03.45 PM IST
ET Q&A: Bank mergers must lead to more efficiencyAll merger stakeholders will have to create an ecosystem where it becomes incumbent on us that we have to merge or consolidate, says Arun T...
29 Aug, 2016, 09.48 AM IST
ET in the classroom: All you wish to know about FITLFITL is giving loan for repaying a loan. Here, a lender gives the borrower money to repay the interest component of the loan.
03 Aug, 2016, 03.03 AM IST
PSU banks discuss bad loans issue with central agencies, RBIRBI had issued guidelines on a 'Scheme for Sustainable Structuring of Stressed Assets'(S4A) to further strengthen the lenders' ability to d...
15 Jun, 2016, 08.55 PM IST
Jammu and Kashmir to net Rs 9,800 crore benefit through UDAYJammu and Kashmir has joined the Centre’s debt recast scheme for power distribution companies and is expected to net benefits worth Rs 9,80...
15 Mar, 2016, 08.14 PM IST
Rajasthan becomes part of UDAY, to get benefit up to Rs 21,000 croreRajasthan has become part of the Centre's distribution debt recast scheme and is expected to receive benefits to the tune of Rs 21,000 cror...
27 Jan, 2016, 02.14 PM IST
Jharkhand nets Rs 5,300 cr through Centre’s power discom debt recast schemeWaiver of outstanding dues to central government power generators will help the state utility save surcharge of Rs 1,000 crore.
05 Jan, 2016, 04.03 PM IST
15 states with 90% accumulated losses of power distributors on board UDAY: Piyush GoyalFifteen states have joined the debt recast scheme for power distribution companies covering 90% of the losses accumulated with the utilitie...
04 Jan, 2016, 08.41 PM IST
Discom recast on track, Rs 1-L crore bonds soon: Power Minister Piyush GoyalGoyal said all states are likely to accept the scheme, which will make every state’s discom profitable in three years, ending decades of in...
23 Dec, 2015, 09.51 AM IST
7 states agree for discom debt recastSeven states have agreed to be a part of the debt recast scheme launched by the Centre last month.
09 Dec, 2015, 07.44 PM IST
Power Ministry awaits Karnataka's response on discom debt recast"As soon as Karnataka (government) sends us their response we will send the note to CCEA," an official in the Ministry of Power said.
30 Oct, 2013, 12.57 PM IST
Six states agree to debt recast plan of discoms: ScindiaJyotiraditya Scindia said that as many as six states have come forward for the government's ambitious financial rejig plan.
28 Mar, 2013, 03.02 PM IST
- Kouton appoints SBI Cap to recast loan;stk surges
Shares of Kouton Retails gained momentum after the company appointed SBI Capitals to draft a debt recast scheme as it was unable to repay s...
17 Feb, 2011, 01.00 PM IST
- No easy way out of debt recast scheme for cos
It may not be very easy for corporates to exit from the corporate debt restructuring (CDR) scheme.
10 Jan, 2008, 02.09 AM IST
- Finmin relaxes repayment period for textile units by 2-3 years
In a major relaxation of the conditions attached to the debt restructuring scheme for the textile industry announced earlier this month, th...
27 Sep, 2003, 08.21 AM IST