Recent Highlights
All Stories for Corporate Debt Restructuring
Navy takes punitive action against Anil Ambani’s Reliance Naval Engineering, encashes bank guarantee in vessel deal
• 6 years agoNarendra Modi speech on bank NPAs has hit the right target; bad loan menace is UPA-era product
Smurlidharan • 7 years agoWhat 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.
RBI’s message to bankers, wily promoters: Call a spade a spade; don’t fool the regulator and investors
Dinesh Unnikrishnan123 • 7 years agoThe RBI has warned wrongdoers among banks that monetary penalties and higher provisions will be imposed if banks resort to evergreening.
Budget 2018: Will FM Arun Jatley give requisite push to resolve stressed assets issue?
Desai Nagda Chowdhary • 7 years agoThe trend in the stressed assets reveals that major stressed sectors are infrastructure, iron and steel, textiles, aviation and mining.
Willful defaulters’ list: It is high time the Supreme Court read the riot act to the RBI
Shailesh Gandhi • 8 years agoIf 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
Air India may benefit from restructuring scheme but banks could be saddled with duds
Muralidharan • 9 years agoOne 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
SDR is fine, but RBI can also look at escrow account mechanism to bring down NPA levels
Smurlidharan • 9 years agoRoughly, 30% of direct taxes collections are through TDS which is almost fool-proof
Tackling NPAs: ESCROW may work better as it is to a bank what TDS is to taxman
Muralidharan • 9 years agoESCROW will be resented by other stakeholders especially those like workmen enjoying preference on winding up.
SBI manages yet another good quarter, but bad loan worries aren’t over for the sector
Dinesh Unnikrishnan123 • 9 years agoAccording to Moody’s the rise in bad loans on the books of Indian banks will continue at a slower pace on account of improving economic scenario.
Bankruptcy code: Jaitley should speed up, as Rajan is moving faster than him
Jagannathan • 10 years agoThe finance minister promised a bankruptcy code this year. Arun Jaitley should get this done quickly as the action against loan defaults and corporate failure is moving faster on the RBI side than on the legislative side.