Latest News on Corporate Debt Restructuring
Showing of 0 - 10 from 22 results
Corporate Debt Restructuring - Total results - 22
Apr 03, 2019
SC repeals RBI's 12 February circular: Lenders can now refer defaulters to NCLT on case by case basis: BankersAccording to former RBI deputy governor R Gandhi banks can now take defaulting companies on their own instead of being directed by the regulator.
Feb 27, 2019
SEBI plans to put in place stricter norms for corporate debt restructuring; board to take up proposals in 1 March meetUnder the SEBI norms, an entity has to make an open offer in case its shareholding goes beyond a certain threshold.
Dec 04, 2018
Navy takes punitive action against Anil Ambani’s Reliance Naval Engineering, encashes bank guarantee in vessel dealArray
Sep 02, 2018
Narendra Modi speech on bank NPAs has hit the right target; bad loan menace is UPA-era productWhat makes Narendra Modi’s remarks ominous for the nation is his assertion that during the 6-year period, loans were sanctioned through what he humorously calls phone banking---behest lending at its worst.
Feb 13, 2018
RBI’s message to bankers, wily promoters: Call a spade a spade; don’t fool the regulator and investorsThe RBI has warned wrongdoers among banks that monetary penalties and higher provisions will be imposed if banks resort to evergreening.
Feb 01, 2018
Budget 2018: Will FM Arun Jatley give requisite push to resolve stressed assets issue?The trend in the stressed assets reveals that major stressed sectors are infrastructure, iron and steel, textiles, aviation and mining.
Oct 27, 2016
Willful defaulters’ list: It is high time the Supreme Court read the riot act to the RBIIf there are certain irregularities in the working and functioning of such banks and institutions, the citizens certainly have a right to know about the same
Oct 24, 2016
Air India may benefit from restructuring scheme but banks could be saddled with dudsOne wonders why the government is trying to rescue Air India, as it might well be exposing banks to duds which the airline's equity shares are likely to turn out given its massive accumulated losses
Dec 12, 2015
SDR is fine, but RBI can also look at escrow account mechanism to bring down NPA levelsRoughly, 30% of direct taxes collections are through TDS which is almost fool-proof
Dec 09, 2015
Tackling NPAs: ESCROW may work better as it is to a bank what TDS is to taxmanESCROW will be resented by other stakeholders especially those like workmen enjoying preference on winding up.