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THE KV KAMATH COMMITTEE
RBI extends target date for meeting thresholds under Covid recast scheme 1.0“Recognising the adverse impact of second wave of COVID-19 on revival of businesses, and the difficulty it may pose in meeting the operatio...
KV Kamath committee approves Future Retail, Enterprises restructuringThis is the second large restructuring approved by the five member Kamath committee. Late last month it had approved a Rs 10,900 crore rest...
Banks want RBI to extend recast window till March 31, 2021Bankers have requested the regulator that given the case in the SC leading to a prolonged moratorium, they haven’t been able to assess borr...
Hospitality and tourism sector not pleased with Aatmanirbhar Bharat 3.0The Aatmanirbhar Bharat 3.0 measures announced by the government included the launch of ECLGS 2.0 guaranteed credit for supporting the 26 s...
Hospitality and tourism industry bodies disappointed with Atmanirbhar 3.0 measuresThe Atmanirbhar Bharat 3.0 measures announced by the government included the launch of ECLGS 2.0-Guaranteed credit for supporting the 26 st...
Banks see no rush for loan recast, expect borrowers to come forward in DecemberThere were approximately 387 accounts with an exposure of more than ₹1,500 crore that were standard at the end of March. Some of them avail...
FHRAI seeks complete review of Kamath Committee recommendations for hospitality sector on priority basisStating the industry is facing serious challenges in complying with the financial parameters suggested by the committee, FHRAI has requeste...
Banks relieved as govt will foot bill for interest waiverThe government’s proposal to pick up the tab for the waiver of 'interest on interest' on loans of up to Rs 2 crore clears the uncertainty o...
Two-thirds of Crisil-rated companies eligible for one-time loan recastThe panel specified five financial ratios and sector-specific thresholds for resolution of COVID-19-related stressed assets in 26 sectors, ...
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). ...
RBI constituted KV Kamath committee names 26 sectors for restructuringThe committee has selected 26 sectors which will require restructuring based on its analyses of financial parameters hit due to the economi...
Kamath Panel on loan restructuring identifies six problem industriesCommittee suggests solutions for 29 out of 307 sectors assessed. The panel has suggested that the two-year cutoff for the restructuring wil...
Roughly 5-6% of our loan book could be in for recast post moratorium: PNB MD'As far as the moratorium is concerned, we have given it to everyone, except for NBFCs'
Working from home may prove ‘taxing’Marketing executive Babu Vishwanath is happy that he has been able to save money in work-from-home (WFH) mode. He has not spent on eating o...
Why Kamath heading loan recast panel irks bankersThe RBI, last week, had announced the setting up of an Expert Committee on Resolution Framework for Covid19-related Stress under Kamath’s l...
Bankers happy with one-time loan restructuring, say a lot depends on Kamath committeeBankers said the only difference between the June 7 circular and this one is that a corporate loan can be restructured without changing its...
Haircut key to easing NPA woes: KV Kamath, New Development BankIf you resolve between 50 to 100 cases number of projects and you have resolved probably 60% to 70% of the systemic problem which will allo...
New RBI bank norms a positive: KV Kamath, ICICI Bank'Going back to 2007-2008, these norms were part of the Raghuram Rajan Committee on financial sector reforms,' says Kamath.
Infosys needs to innovate, recharge; Murthy’s return not linked to increased competition: KV Kamath"If the past is any indicator of what value he created, our expectation would be that he would take Infy back to be the bellwether that it ...
Infosys to pay KV Kamath special fee of Rs 67 lakhThe 'special fee' of $150,000 for non-executive chairman was recommended by the Infy compensation committee, in addition to his board fees.