We can have healthy banks but who will they lend to? Let's treat the sick banks and sick industries simultaneously
8 min read27 Mar 2017Bankers are pushing RBI to allow them to change interest rates and repayment periods in bad loan resolution schemes such as SDR and S4A to implement them more effectively
2 min read27 Mar 2017Bankers, who converted Rs350 crore debt into a 51% stake under SDR norms in August 2015, are hopeful of getting bidders for Monnet Ispat this time around
2 min read6 Jan 2017The changes in the S4A scheme is based on the experience gained as well as feedback received from stakeholders, RBI said
2 min read11 Nov 2016An analysis of incremental corporate debt of 445 listed firms with median Interest Coverage Ratio less than 1 for five years show 1 in every 3 rupees is stressed
4 min read13 Oct 2016State Bank of India, Punjab National Bank are the lead lenders who will implement RBI's S4A norms on the firm's Rs45,000 crore bad loans
3 min read7 Oct 2016Lenders' move comes after Essar Steel failed to meet their June-end deadline to find a buyer for a majority stake
3 min read6 Jul 2016Like its predecessors strategic debt restructuring (SDR) and corporate debt restructuring (CDR) which could not do much to alleviate the pain of the lenders
5 min read27 Jun 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared