Lok Adalat in Noida on May 9: Settle traffic challans & cases quickly; here’s howA Lok Adalat will be held at Surajpur Court in Noida on May 9, 2026. This event offers a chance to quickly settle pending UP police traffic...
29 Apr, 2026, 12.18 PM IST
SC turns down Anil Ambani plea against 'fraud' tagThe Supreme Court has rejected Anil Ambani's appeal. He challenged banks classifying his loan accounts as fraudulent. The court found no gr...
17 Apr, 2026, 12.46 AM IST
ARCs to see 600 bps improvement in redemption rate for retail security receipts: Crisil RatingsAsset Reconstruction Companies (ARCs) are likely to see a 600 basis points improvement in the cumulative redemption rate of security receip...
25 Mar, 2025, 11.48 AM IST
RBI eases settlement norms for ARCs, resolutions could quickenThe RBI has revised the guidelines for asset reconstruction companies (ARCs), allowing them to settle dues with borrowers after evaluating ...
21 Jan, 2025, 06.52 AM IST
Govt offers debt restructuring and one-time settlement to sugar mills for loans taken under SDFThe government has issued revised guidelines for loans taken under the Sugar Development Fund (SDF), providing relief to sugar mills. The g...
01 Mar, 2024, 09.40 PM IST
ARCs request RBI to simplify 'rigid' settlement processThe RBI had introduced a unified framework in June 8, 2023, for compromise settlements and technical write-offs for all entities such as ba...
01 Dec, 2023, 06.32 AM IST
OTS scheme slows down recoveries from retail portfolios for ARCs to 35 pc, stretch timelines: ReportThe ARCs have started following measured steps to ensure realizations, which has slowed down the pace of recovery, and the recovery timelin...
22 Jun, 2023, 07.20 PM IST
RBI permits FLDG between fintechs and banks, NBFCsIn guidelines issued in 2022, the RBI had indicated it was not in favour of such arrangements since they could encourage lenders to take on...
08 Jun, 2023, 09.06 PM IST
RBI revises OTS guidelines, brings UCBs under ambitThe Reserve Bank of India (RBI) has implemented new regulations governing one-time settlements (OTS), simplifying instructions across all r...
08 Jun, 2023, 07.50 PM IST
Asset reconstruction companies seek easier settlement guidelines for small loansThe ARC lobby group has been asking the authorities to relax these norms for small-ticket loans. The process may be followed only in case o...
15 May, 2023, 12.29 AM IST
New RBI norms for ARCs makes it tougher to offload retail NPAsThe Reserve Bank of India recently pushed forward new regulatory guidelines for asset reconstruction companies (ARCs) and reports say that ...
04 Nov, 2022, 10.55 AM IST
Jindal family faction makes Rs 2,500-cr revised offer to settle power company’s debtThe family of BC Jindal, whose nephews Naveen and Sajjan control JSPL and JSW, respectively, had previously tied up with Deutsche Bank to m...
26 Feb, 2021, 09.47 AM IST
RBI norms on one-time settlement for debt ridden sectors soonBanks' exposure to the construction sector stands at over Rs 3 lakh crore, and 45 per cent or Rs 1.35 lakh crore of the loans are under str...
02 Nov, 2016, 05.06 PM IST
- Q&A: Banking
One must obtain the sanction letter from the bank before executing the documents required by the bank and satisfy oneself that the terms ar...
08 Dec, 2011, 05.27 AM IST
- Reverse mortgage norms may be sweeter for older
With the National Housing Bank (NHB) coming out with guidelines for reverse mortgage, the contours of this new product for senior citizens ...
13 Apr, 2007, 12.02 AM IST
- RBI to set rules for one-time settlement of sick SSI dues
The Reserve Bank of India will soon announce the guidelines for banks to restructure the accounts of sick small scale industry units.
15 Sep, 2005, 02.21 AM IST
- Govt extends 1-time settlement scheme for loans up to Rs 10 cr
After the carrot comes the stick. Months after empowering banks with legal powers to directly attach assets of defaulters, the government h...
30 Jan, 2003, 12.34 AM IST