Reliance Communications shares extend rally, zoom over 25% on revival plan announcement
• 7 years agoShares of Reliance Communications (RCom) on Wednesday extended their previous session's rally, soaring over 25 percent, as investor sentiment remained buoyant following a revival plan announcement
Sebi eases rules for lenders buying stake in distressed cos
• 8 years agoSebi exempting lenders from making open offers for shareholders
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
SC raps RBI on the knuckles and with reason for being secretive about NPAs
Muralidharan • 9 years agoSick company rich promoter syndrome that has bedeviled the banking and financial system of the country is just not a flippant expression.
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.
As Raghuram Rajan tightens screws, banks can still disguise bad debt
Fp Archives • 9 years agoBase rate calculation guidelines for banks soon: RBI
Fp Archives • 9 years agoThe median base lending rates of banks have come down by about 60 basis points as against a 125-basis point policy rate reduction since January.
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.
Reserve Bank allows banks to take control of companies that fail debt restructuring
Fp Archives • 10 years agoThe measure was part of a set of guidelines announced by the RBI on Monday on the SDR scheme, which provides a more flexible process for lenders to recover bad loans.
RBI to issue Strategic Debt Restructuring norms for bad loans
Fp Archives • 10 years agoRBI and Sebi felt that reviving the prospects of a company will benefit all the stakeholders and keeping this in mind, norms could be relaxed for restructuring of such companies if such an exercise was carried out under the RBI guidelines.