Help low-income countries use SDRs effectively to fight Covid, India to IMFSDR is an international reserve asset created by IMF to supplement its member countries' official foreign exchange reserves. The internatio...
16 Oct, 2021, 06.33 AM IST
IMF drawing rights to boost forex by $18 billionThe IMF has allocated SDR of 12.6 billion, which is equivalent to $17.9 billion on August 23, 2021. The total SDR holdings of India now sta...
02 Sep, 2021, 07.56 AM IST
India's Forex reserves to spurt sharply this weekThe fresh allocation of SDR follows the recent resolution by G-20 to increase IMF's lending capacity by $650 billion to fight the economic ...
01 Sep, 2021, 09.19 PM IST
RCom shares surge over 5% as lenders mull SDRSDR involves conversion of the company's debt into equity that gives lenders greater control.
01 Jun, 2017, 03.59 PM IST
Ballarpur Industries' lenders invoke SDR schemeThe move to invoke SDR was triggered as the management failed to sell any non-core assets.
01 Jun, 2017, 12.14 PM IST
RCom’s lenders consortium eyeing SDR route for revivalA meeting is expected this week and the lenders consortium may finalise advisors for SDR.
31 May, 2017, 10.28 PM IST
Alok Industries surges as lenders mull debt restructuringIn January, the company had informed the stock exchanges that the lenders had invoked SDR in the company, with the reference date being Nov...
25 Jul, 2016, 07.12 PM IST
Lenders planning S4A breather for Alok IndustriesS4A enables debt-laden companies to get working capital from banks, unlike the SDR scheme where a company is not eligible for fresh funds f...
24 Jul, 2016, 02.30 PM IST
ET in the classroom: What’s there for banks in SDR routeBy SDR, the banking regulator wanted to arm lenders with ammunition to deal with defaultors without getting into any legal hassle.
11 May, 2016, 06.36 AM IST
Flyers to get higher compensation for injury, loss of baggageProviding for increased compensation to air travellers, the amended Carriage by Air Act received assent from the President on March 21.
25 Mar, 2016, 05.02 PM IST
‘SDR won’t solve sticky loan issue, will result in big NPAs’This is predicted in a report released by Religare Capital on Monday which estimates that several Strategic Debt Restructuring (SDR) cases ...
05 Jan, 2016, 05.26 AM IST
IMF to consider inclusion of Chinese currency in SDR basketIn a big boost to China's plans to internationalise its currency, the IMF staff has proposed to its Executive Board to include the RMB into...
14 Nov, 2015, 10.51 AM IST
Bill to revise airlines' liability introduced in Lok SabhaAs per the Bill, the liability for delay in carriage for each person is proposed to be raised from 4,150 SDR to 4,694 SDR.
07 Aug, 2015, 05.24 PM IST
Unlocking value via SDR: PEs, others can check inA well-timed regulation from the Reserve Bank of India (RBI) allowed the JLF to invoke Strategic Debt Restructuring (SDR).
04 Aug, 2015, 04.00 AM IST
Those killed in international flight crash to get more compensationAirlines may have to pay more compensation for death due to crash in an international flight, with the Cabinet approving a 13% increase on ...
19 Mar, 2015, 04.00 AM IST
- Forex reserves jump $3.4 bn to touch $297.3 bn
Foreign exchange reserves rose $3.4 billion during the week ended January 7. The latest figures released by the RBI on Friday show that the...
22 Jan, 2011, 05.59 AM IST
- Commercialise the SDR
For the SDR to become a true international currency, in other words, the IMF would have to become more like a global central bank and inter...
06 May, 2009, 12.34 AM IST