Drts

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Drts - Total results - 4
Union Budget 2019: It’s time to move towards parity between banks and NBFCs; gold loan should be given priority sector status
Business

Union Budget 2019: It’s time to move towards parity between banks and NBFCs; gold loan should be given priority sector status

By keeping the NBFCs out of the purview of Section 43D, our tax laws are subjecting the NBFCs to discriminatory treatment as compared to other financial institutions.

Jet Airways revival: Asking banks to write off Rs 8,500-cr outstanding is unfairness at its worst
Business

Jet Airways revival: Asking banks to write off Rs 8,500-cr outstanding is unfairness at its worst

There is no reason why the SBI-led lenders' consortium should not prevail upon the new promoters to carry the dues as a liability in Jet Airways’ balance sheet with a moratorium period of, say 10 years.

NPA issue: Will RBI's 12 February circular help expedite bad loan recovery? Signs indicate it is on right path
Business

NPA issue: Will RBI's 12 February circular help expedite bad loan recovery? Signs indicate it is on right path

This smorgasbord of schemes didn’t even dent the NPA problem. The mountain just kept piling up until it reached 11 percent of total bank assets.

Supreme Court asks Centre to give details of recovery cases filed by banks
Business

Supreme Court asks Centre to give details of recovery cases filed by banks

It had earlier said that non-performing assets amount to lakhs of crores of rupees as the recovery mechanism is not upto the mark and the facilities at DRTs and Debt Recovery Appellate Tribunals (DRATs), meant for recovering bad loans of financial institutions, are poor.