Extend loan restructuring scheme to MSMEs not yet registered under GST: Industry
• 6 years agoThe Reserve Bank of India (RBI) Tuesday allowed a one-time restructuring of the existing debt of up to Rs 25 crore for the companies that have defaulted on payments but their loans have continued to be classified as standard assets.
The Great Indian NPA Mess: Banks, govt and industrialists worked together to kick bad loans can down the road
Vivek • 7 years agoWe now have one big problem which the Narendra Modi government is trying to postpone further by merging different public sector banks. The trouble is bringing two rotten eggs together is only going to lead to another rotten egg
PFC, REC stocks trip as talks on loan recasting of power discoms may be delayed
Fp Staff • 10 years agoIn the last five sessions before Tuesday, REC stock had jumped 13 percent in five sessions, while PFC counter spurted 10 percent on BSE
Banks see a rise in delayed payments: Another big NPA shocker may be in the making
Dinesh Unnikrishnan123 • 10 years agoBanks are in a difficult position due to their state of asset quality and poor economic conditions; it will be better to show NPAs as NPAs as early as possible and come clean
Hidden NPAs bigger threat than declared ones; kudos to Rajan for calling a spade a spade
Dinesh Unnikrishnan123 • 10 years agoThe practice of covering up bad loans has come down after Rajan took away the leeway to push bad loans into restructured basket. Banks are now more cautious
Budget 2015: State-run banks desperately need capital; will FM get solution right?
Dinesh Unnikrishnan123 • 10 years agoBeyond the pacifying words on autonomy and support at the Gyan Sangam, Jaitley will have to bring himself some concrete roadmap in the budget
For state-run banks, delayed economic recovery would mean more pain from restructured loans
Dinesh Unnikrishnan123 • 10 years agoThe time is perhaps right for the government to look at privatising some of the state-run banks
Thanks to UPA, next govt may have to deal with a crippling banking crisis
Fp Editors • 11 years agoIf the elections throw up a hung Parliament, economic uncertainty will only aggravate. This will increase the pain in the banking system.
Govt notifies debt rejig scheme for discoms
Fp Archives • 13 years agoThe government today said it has notified the financial restructuring scheme for state-owned power distribution companies that includes conversion of 50 percent of their short-term debt into bonds backed by respective states.
Loan restructuring to hit Rs 3.25 lakh crore: Crisil
Fp Staff • 13 years agoOf this, Rs 50,000 crore of loans are likely to turn non-performing assets, further aggravating the already stressed asset quality of banks by 50-75 bps beyond March 2013.