Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Loading...
Search

Total 185 results found. Search for [ K V Kamath ]

Results 1 to 21 of 185
PTI
October 5, 2020
In the hearing conducted through video conferencing, the top court took note of the grievances that various sectors such as real estate have been left out under the new proposal by the Centre


Anand Adhikari
September 16, 2020
RBI Governor outlines whole rationale and reasoning behind restructuring scheme, says it has to be a very balanced and careful call on part of the RBI


BusinessToday.In
New Delhi, September 15, 2020
An estimated Rs 8 lakh crore of bank loans are likely to come up for restructuring under the one-time restructuring window offered by the RBI for COVID impacted retail as well as large corporates. The banks have to observe caution as the track record of past restructuring schemes haven't been encouraging. K V Kamath, who headed the committee for suggesting financial parameters for restructuring, has said that the RBI's restructuring plan will be a success as it is time bound. Watch as Anand Adhikari, Executive Editor, Business Today explains how the loan restructuring plan can succeed.Also Read: RBI directs banks to complete automation of NPA recognition, provisioning calculation by June 2021


Joe C Mathew
September 10, 2020
According to him, a lot of companies for no fault of theirs could be declared non-performing assets (NPAs) if the process took more than three months


Anand Adhikari
September 9, 2020
The Reserve Bank of India had earlier given the freedom to banks to decide the rules of retail loan restructuring, while a high-powered K V Kamath committee was formed to suggest parameters for corporate restructuring


PTI
September 7, 2020
Last month, Punjab National Bank managing director S S Mallikarjuna Rao said about 5-6 per cent of loan book would go for restructuring as per RBI-approved guidelines


PTI
September 6, 2020
Finance Minister Nirmala Sitharaman last week asked banks and NBFCs to roll out one-time loan restructuring scheme for COVID-19 related stress by September 15


PTI
September 3, 2020
Banks are in the process of getting a board-approved restructuring framework in line with the RBI's framework and eligibility defined by the central bank in its notification on August 6


Naveen Kumar
September 2, 2020
Under restructuring, moratorium should be the last resort as it adds to your interest burden; increasing tenure or reducing EMI could be better options


Anand Adhikari
August 27, 2020
The banks have turned risk-averse in last few years as slowdown in the economy impacted asset quality adversely


PTI
August 20, 2020
Over 60 per cent of this Rs 8.4 lakh crore was susceptible to slip into the non-performing assets (NPAs) category if not for the recast move, and the restructuring will help banks' bottomlines as the money to be set aside as provisions will be lower


BusinessToday.In
August 11, 2020
Stressed entities, especially MSMEs, that have defaulted for more than 30 days should be given an opportunity for loan restructuring, says PNB MD and CEO S S Mallikarjuna Rao


BusinessToday.In
August 10, 2020
The primary beneficiaries of loan restructuring would be corporate and retails loan accounts with exposures below Rs 500 crore, CRISIL said


BusinessToday.In
August 10, 2020
The bank employees' union has alleged that veteran banker Kamath's name reportedly appears in the FIR registered in a case against former managing director of ICICI Bank Chanda Kochhar


BusinessToday.In
August 7, 2020
Reserve Bank of India (RBI) on Friday released the names of the members of debt recast committee who will submit recommendations on the financial parameters to it


Rupa Burman Roy
August 6, 2020
Globally, markets in Asia and Europe were trading higher on Thursday. European markets rose as investors took cues from corporate earnings but gains were capped as economic data were weaker than expectation.


Anand Adhikari
August 6, 2020
The RBI has stated that the benefit of restructuring will be available to corporates classified as standard accounts and not in default for more than 30 days with any lending institutions as on March 1, 2020


BusinessToday.In
August 6, 2020
Special window under Prudential Framework will enable lenders to implement a resolution plan without a change in ownership, and personal loans, while classifying such exposures as standard subject to specified conditions


BusinessToday.In
August 6, 2020
RBI governor Shaktikanta Das announced setting up of an expert committee headed by veteran banker KV Kamath which would make recommendations to the RBI on the required financial parameters


BusinessToday.In
August 6, 2020
India Stock Market Highlights Today: ONGC, followed by Tech Mahindra, TCS, HCL Tech, NTPC, Infosys and HDFC duo were among the top gainers today, while Maruti, Axis Bank, Bharti Airtel, M&M and Reliance Industries were among the laggards.


PAGES 1 OF 10  12345