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Total 382 results found. Search for [ restructuring scheme ]

Results 1 to 21 of 382
BusinessToday.In
September 22, 2020
HDFC Bank has offered its borrowers a loan restructuring scheme which is expected to provide them relief amid ongoing coronavirus pandemic


BusinessToday.In
September 22, 2020
State Bank of India (SBI) has introduced a loan restructuring policy with an aim to provide further relief to home and retail borrowers amid ongoing coronavirus crisis


Anand Adhikari
September 21, 2020
SBI has reasoned that it is charging this additional amount in order to offset partial cost of additional provisions required to be made by the bank. Other banks are likely to follow suit


BusinessToday.In
September 17, 2020
Moving bill in Lok Sabha, Finance Minister Nirmala Sitharaman says government was compelled to come out with an ordinance as condition of cooperative banks is \"grave\"; as many as 277 urban cooperative banks have reported losses in 2018-19 fiscal, she adds


BusinessToday.In
New Delhi, September 17, 2020
COVID-19 vaccine from Russia! Dr Reddy's ties up with a Russian firm for 100 million dosesHyderabad-based Dr Reddy's Laboratories (Dr Reddy's) and Russia's sovereign wealth fund Russian Direct Investment Fund (RDIF) have joined hands to carry out clinical trials and distribution of 100 million doses of coronavirus vaccine Sputnik V in India. Sputnik V vaccine is undergoing final stage clinical trials in Russia. It is also being tested in several other countries. \"Deliveries could potentially...


BusinessToday.In
September 16, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


BusinessToday.In
September 16, 2020
Addressing the FICCI National Executive Committee Meetingm, RBI Governor Shaktikanta Das expressed that the GDP data for the first quarter (Q1) of FY21 was a telling reflection of the \"ravages of the COVID-19\"


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
September 16, 2020
India Stock Market Highlights Today: M&M, followed by Bajaj Auto, Maruti, L&T, Tata Steel, UltraTech Cement and Nestle India were among the top gainers on Sensex pack today. On the other hand, HCL Tech, Axis Bank, ICICI Bank, Bajaj Finance and SBI were among the laggards


Nirbhay Kumar
September 15, 2020
Representatives of various industry bodies suggested that banks should not charge interest on interest and instead only recover the cost of finance from borrowers who availed moratorium on loans


Anand Adhikari
September 14, 2020
Government's plan to infuse Rs 20,000 crore into public sector banks puts no pressure on the Centre, but the lenders have to be ready with enough capital if matters go south


BusinessToday.In
September 10, 2020
The government will levy 5 per cent tax on foreign remittances, subject to riders, starting October 1


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


BusinessToday.In
New Delhi, September 7, 2020
Delhi Metro to resume in 3 stages, stations in containment zones to remain shutDelhi Metro is set to resume services in three stages from Sept. 7 after a hiatus of over five months due to the Covid-19 pandemic, but stations in containment zones would remain closed, DMRC said. Officials of the urban transporter also cautioned that \"trains may not stop at some of the stations\" if social distancing norms are not adhered to by the passengers.Transfer cash to poor, give free food, borrow more ...


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


PTI
September 2, 2020
Senior counsel Rajiv Dutta, appearing for the petitioner Gajendra Sharma who has taken home loan from a bank, assailed the accrual of interests on EMIs even during the moratorium period


Anand Adhikari
September 1, 2020
While the overall outstanding bank credit (non-food) declined by 1.5 per cent at Rs 90.69 lakh crore, the agri and commercial real estate saw a marginal rise between 1-1.5 per cent at Rs 11.69 lakh crore and Rs 2.33 lakh crore, respectively


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