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Total 915 results found. Search for [ One time restructuring ]

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June 10, 2021
Stocks in news: PNB Housing Finance, YES Bank, Crompton Greaves, Reliance Power, GAIL India, MMTC and more

Anand Adhikari
New Delhi, June 8, 2021
The second covid wave has already impacted the pace of economic recovery as seen from the GDP downgrades by the Reserve Bank of India, global rating agencies, and other global institutions. Given the widening fiscal deficit and higher public debt, there is now a threat of a sovereign rating downgrade if another Covid wave hits the economy. The risk of a downgrade comes from a slowing growth momentum, widening fiscal deficit, higher inflationary pressure, and a stressed banking sector. The RBI's ability to pump in another liquidity bonanza like 8 per cent of GDP in the first pandemic year 20-21 is also not possible. The current fiscal deficit at 9.3 per cent of GDP for 20-21 is one of the highest in recent decades. The banking sector has entered the crisis with 8 per cent gross NPAs Post the second wave, the real stress in banks, NBFCs, and other entities are hidden because of regulatory forbearances especially loan moratorium, govt guarantees, and one-time loan restructuring. There is a lot on the government's shoulders to avoid a rating downgrade as it would have serious implications.Also Read: World Bank cuts India's FY22 GDP growth forecast to 8.3% from 11.2%

June 7, 2021
The government in the last round had infused Rs 14,500 crore of equity in Central Bank of India, Indian Overseas Bank, Bank of India, and UCO Bank by issuing non-interest- bearing, non-transferable bonds to these state-owned lenders

June 7, 2021
Share of YES Bank climbed up to 10.63% at Rs 15.19 against previous close of Rs 13.73 on BSE

Gaurav Bhatiani|Sanjeev Ahluwalia
June 5, 2021
Major restructuring of the municipal architecture is necessary to ratchet up governance capacity for long term sustainability i.e., to adopt the green recovery pathway

Tanya Aneja
June 3, 2021
The share stood at Rs 6.3 on June 03, 2020. It has zoomed to Rs 87.30 today, translating into gains of 1285 per cent during the period

May 31, 2021
The cash-strapped carmaker is expected to invite tenders by next month and is likely to submit a restructuring programme by the first week of July. Ernst & Young Hanyoung has been appointed by the court to oversee the sale process

May 30, 2021
Taking cognisance of the prevailing situation, the RBI announced Resolution Framework 2.0 under which individuals and small businesses having exposure up to Rs 25 crore can opt for loan restructuring if they had not availed the earlier scheme

Anand Adhikari
May 27, 2021
While public sector banks, saddled with asset quality issues and merger integration process, continue to lose market share in corporate banking, private sector banks continue to grow their loan book

May 24, 2021
The bank's net interest income jumped 19% over the year-earlier to Rs 27,067 crore as against a projection of Rs 28,853 crore. SBI's other income too increased 21.6% to Rs 16,225 crore

Anand Adhikari
May 21, 2021
SBI's total combined write-offs in the last four years have touched Rs 52,758 crore. The figure for write-off is over Rs 1 lakh crore in the past seven years

Manoj Sharma
May 5, 2021
Resurgence of COVID-19 in India in recent weeks and associated containment measures adopted at local levels have created new uncertainties and impacted nascent economic revival that was taking shape, says Das

Anand Adhikari
New Delhi, April 29, 2021
Unsecured personal loans, credit cards, business banking, and MSME loans are emerging as new breeding ground for banks NPAs. How serious is the problem?

April 28, 2021
Even if there is some delay of a month or two (in repayment), it will not sustain as the pent-up demand will take care of the business and collections. So, I don't see a big risk for NPAs, Umesh Revankar said

April 27, 2021
FIDC (Finance Industry Development Council), a representative body cum self-regulatory organisation for NBFCs, has written to the central bank seeking fresh relief measures

April 19, 2021
In February last year, the Reserve Bank had permitted one-time restructuring of existing MSME advances, classified as 'standard' without downgrade in the asset classification subject to certain additional provisioning and other compliances

April 16, 2021
Wipro stock touched fresh all-time high of Rs.471.75 , rising 9.45% against previous close of Rs 431 on BSE

Anand Adhikari
New Delhi, April 14, 2021
The RBI adopted multiple regulatory forbearance measures and ultra-loose monetary policy to counter economic headwinds. Now it has to work out an exit roadmap

April 8, 2021
This initiative reflects the growing recognition that the economic turmoil of the COVID-19 pandemic has exacerbated budget constraints and debt challenges that hamper the ability of some countries to transition to clean energy

Manu Kaushik
April 7, 2021
Oyo Founder and CEO Ritesh Agarwal has dismissed rumours that Oyo has filed for bankruptcy

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