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3 mins read
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
5 mins read
Millions of student-loan borrowers are waiting for broad debt cancellation. The next president won't have any immediate answers.
Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the la…
Ayelet Sheffey
2 mins read
ADB approves $240.5 million loan for rooftop solar systems in India
The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar …
ANI
3 mins read
Credit score improvement requires strict discipline but it is possible – Here’s how to go about it
Having a healthy credit score of 750 and above comes in handy when you apply for a loan, especially…
3 mins read
MSMEs with bank loans due up to Rs.50 crore can get their loans restructured
The second iteration of RBI’s restructuring offer was originally introduced in early May but was…
2 mins read
SBI received restructuring requests for over ₹6,000 crore in October — expects that to more than double over the next three months
India’s largest lender is the first to reveal its restructuring numbers. At the end of October, it …
2 mins read
After SBI, HDFC Bank issues restructuring guidelines for retail loans
Both banks are also offering to extend the balance tenure of the loan by a maximum of 24 month…
3 mins read
RBI clarifies restructuring only for loan accounts without any defaults as of March 1
This is because the restructuring framework is applicable only for eligible borrowers who were clas…
PTI
3 mins read
Supreme Court reserves verdict on extension of loan moratorium period
The Indian Supreme Court reserved its judgement on pleas regarding extension of the loan moratorium…
2 mins read
If you have a bank loan that you are unable to pay, restructuring is on its way
This means that you’re struggling to pay off your personal loans, you can ask the bank to modify…
3 mins read
Neck deep in debt? Here’s how some companies are helping habitual borrowers consolidate their loans
There were creditors coming home and harassing him. That’s when he came across the contact of a …
2 mins read
Supreme Court says banks are free to restructure loans, but can't penalise borrowers availing moratorium benefit
Senior counsel Rajiv Dutta, appearing for the petitioner Gajendra Sharma who has taken home loan fr…
PTI
3 mins read
Rolex Rings’ IPO to help company focus on growth and come out of corporate debt restructuring
Automotive components manufacturer Rolex Rings’ initial public offering (IPO) has opened and the co…
3 mins read
One-time loan restructuring dilemma - RBI won’t commit, and India Inc won’t stop asking for it
RBI’s dilemma is choosing between what former governor Raghu Rajan once called “deceptive bankin…
3 mins read
HDFC Bank likely to remain ahead of peers in second quarter — all eyes on loan restructuring, moratorium, and asset quality
HDFC Bank’s second-quarter results won’t be immune to the issues of the moratorium, restructuring o…
2 mins read
Kamath Committee outlines loan restructuring parameters for 26 sectors
The expert committee has recommended financial parameters including aspects related to leverage,…
3 mins read
RBI brings in KV Kamath to set the boundaries for a one-time restructuring of loans
The Reserve Bank of India (RBI) has taken heed to the call of industry leaders and is open to the i…
2 mins read
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…
3 mins read
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…
4 mins read
Three things the RBI will have to mull over as it gets ready to announce its monetary policy decision
The Reserve Bank of India (RBI) is set to announce its policy rate decision tomorrow, and this time…