January 23, 2021 12:38 am
In its discussion paper on revised regulatory framework for NBFCs, the RBI has said the regulatory and supervisory framework of NBFCs should be based on a four-layered structure: Base Layer, Middle Layer, Upper Layer and a possible Top Layer.
September 11, 2020 10:43 am
On September 3, the apex court had directed that accounts which have not been declared as non-performing assets (NPAs) till August 31 should not be declared so till further orders.
May 23, 2020 12:29 pm
According to data provided by different banks, nearly 25-30 per cent of their outstanding loans have come under moratorium.
June 12, 2019 11:21 am
Though bankers point out that the quantum of NPAs in the housing sector is well below one per cent mark in Gujarat, they say most of the defaults happen in cases where a home buyer has lost a job.
June 12, 2018 2:24 pm
In his last appearance before the panel, RBI Governor Urjit Patel was also questioned on loan restructuring programmes, which lead to ever greening of loans, and resolution of defaults under the IBC, sources had said.
June 10, 2018 12:30 pm
RBI's revised framework has earmarked specified norms for early identification of stressed assets, timeline for implementation of resolution plans and a penalty on banks for failing to adhere to the prescribed timeline.
June 06, 2018 6:16 pm
According to a report, the farm debt waivers announced by the five large states together will widen the fiscal deficit of the states by Rs 1,07,700 crore or 0.65 per cent of GDP in the current financial year.
May 23, 2017 3:29 am
Central Bank to expand scope of cases referred to OC beyond those under S4A
May 23, 2017 1:49 am
The finance ministry has set some conditions before public sector lenders with not-so-strong finances, like reducing NPAs, and shutting down not-profitable branches for capital infusion
June 06, 2016 3:15 pm
Finance Minister Arun Jaitley, however, said no discussion took place on bank recapitalisation.