Cdr News

Science

Govt to start phase 3 trial to check efficacy of umifenovir

Central Drug Research Institute in Lucknow has received approval for conducting the trialsThe drug has a good safety profile and acts by preventing the entry of virus into human cells

3 min read19 Jun 2020
Politics

Coalition for Disaster Resilient Infrastructure gets Cabinet nod

India has pledged ₹480 crore to the CDRI to hep fund technical assistance and research projects, setting up of offices and covering recurring expenditures for the next five yearsThe memorandum and by-laws of the CDRI society will be prepared by the National Disaster Management Authority

1 min read28 Aug 2019
Industry

RBI says no to dilution of bank capital norms

Relaxing current risk-adjusted capital norms can hurt economy, says RBI

2 min read29 Dec 2018
Opinion

Opinion | Time to renew India’s plan to combat climate change

Measures to reduce the amount of CO2 in the atmosphere include ramping up the installation of renewable energy systems to provide 75% or more of the world's electricity by 2050

4 min read15 Oct 2018
Industry

RBI moves to wind up CDR system

Nearly 1.32 trillion of bad loans are presently undergoing restructuring in the CDR cell

2 min read26 Jul 2018
Mint-lounge

A new task force to help Mumbai survive the monsoon

The newly formed City Disaster Response Force will carry out relief and rescue operations during calamities

8 min read21 Jul 2018
Market

Banking stocks fall after RBI rejigs bad loan rules

Banking stocks fall as analysts expect that state-owned lenders will remain at an elevated level after RBI scraps CDR, SDR, S4A and JLF schemes to restructure defaulted loans

1 min read14 Feb 2018
Companies

ABG Shipyard agrees to insolvency proceedings

ABG Shipyard admits before the Ahmedabad bench of the NCLT that it had defaulted on loan repayments and agreed for bankruptcy proceedings to be initiated against it

2 min read21 Jul 2017
Companies

Gujarat HC to hear Essar Steel versus RBI case today

Essar Steel has questioned the cut-off date of 31 March 2016 fixed by the RBI for selecting the 12 accounts for resolution under IBC. Here are other highlights of the case

2 min read7 Jul 2017
Industry

Govt banks devise three-tier plan for bad loan resolution

NPA accounts under Rs1,000 crore to be sold to ARCs, those up to Rs5,000 crore to be resolved through RBI schemes, rest to be tried at NCLT

3 min read23 Jun 2017
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