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Borrowers get another three-month breather as RBI extends moratorium on loans till Aug
In respect of working capital facilities sanctioned in the form of cash credit/overdraft, he said …
PTI
Double moratorium period to 6 mths, provide credit guarantee for MSME loans: IBA to RBI
Based on the representation made by various industry associations, a detailed and comprehensive li…
PTI
RBI's proposed framework on sale of loan exposures can lead to long-term funding structures: Ind-Ra '
"The proposed framework could facilitate long-term funding structures and encourage stronger bankru…
PTI
India's Supreme Court order against the RBI will be a huge relief for 75 borrowers with loans worth over ₹2.4 trillion
The Supreme Court has rejected an order from the RBI which gives banks a 180-day period for the r…
Here’s why India's Supreme Court just delayed the resolution of 34 stressed power projects
On September 12th, the Supreme Court issued a directive that imposed a stay on all bankruptcy pr…
RBI’s deadline for Indian banks to resolve ₹3.8 trillion worth of bad loans has expired. What's next?
There is, however, one slight roadblock to the plan, specifically in relation to the non-p…
Highlights of RBI's monetary policy statement
Mumbai, May 22 () Following are the highlights of RBI Governor Shaktikanta Das' statement and resol…
PTI
This company is facing bankruptcy proceedings and it owes more than Rs 17,000 crore
The IDBI Bank will recover dues by taking resolution to insolvency courts and the bank has fund…
DHFL creditors to meet on Monday for discussing resolution
Mumbai, Dec 29 () The Reserve Bank of India-appointed administrator of the crippled Dewan Housing F…
PTI
Vacate stay on accounts' classification as NPAs, RBI urges SC
New Delhi, Oct 10 (IANS) The Reserve Bank of India has urged the Supreme Court to lift the across-t…
What is a bad bank and why are some people pushing for it ahead of Budget 2021?
India’s government owned banks like State Bank of India, Punjab National Bank and Bank of Baroda ha…
Loan restructuring to stem runaway rise in NPAs this fiscal
New Delhi, Aug 17 (IANS) The Reserve Bank of India's (RBI) move on one-time loan restructuring will…
SBI’s new chief Dinesh Khara shares his stance on restructuring, capital raising, hiring, and more
Dinesh Khara held his first press conference today as the new chairman of India’s largest banking e…
RBI to SC: Freedom given for different treatment for aviation, automobile, roads
New Delhi, Oct 10 (IANS) Citing Kamath Committee recommendations, the Reserve Bank of India (RBI) h…
RBI governor blames long-gestation projects for banks suffering from bad loans
RBI Governor Urjit Patel today attributed the banks grappling with high bad loans to legacy issues …
Yes Bank placed under moratorium; RBI supersedes board
"The Reserve Bank came to the conclusion that in the absence of a credible revival plan, and in pu…
PTI
India’s 20 state owned banks get about $5 billion back from a loan written off and they are thrilled
The amount of ₹34,250 crore ($4.61 billion) paid by Piramal will be through a combination of cas…
Why RBI should be answerable to court on basic financial sector principles: Parekh
The RBI's March 27 circular announcing moratorium was later modified on April 17 and May 23 by whi…
PTI
IDBI to meet RBI this week; seeks to exit PCA framework
Mumbai, Jan 16 () LIC-owned IDBI Bank, currently under prompt corrective action since May 2017, is …
PTI
RBI doubles withdrawal limit to Rs 1 lakh for PMC Bank depositors
"Further, on a review of the bank's liquidity position, its ability to pay the depositors and with…