In November last year, the Centre had announced a ₹25,000-crore fund to help complete over 1,500 stalled housing projectsThe Centre is infusing ₹10,000 crore into this stress fund, while the remaining being provided by state insurer LIC and the country's largest lender SBI
2 min read26 Nov 2020There are broadly three major legal or regulatory frameworks under which resolution of stressed assets can take placeHe also said it was an achievement for the country that such a law could be implemented, adding many high profile cases have been resolved under the framework
2 min read17 Sep 2020A new study has found that physical stress in one's job may be associated with faster brain ageing and poorer memoryThe findings were published in Frontiers in Human Neuroscience under the research topic 'Work and Brain Health Across the Lifespan
3 min read24 Jul 2020Sebi reviewed stress testing methodology for commodity derivatives to address the concern regarding high stress loss figures on positions with early pay-in
1 min read21 Jul 2020'We should not use NCLT for every case. This is going to help the business community, banks as well''In the last three months, a lot of issues about transfer policies have come to our knowledge. My request to IBA would be to look into the transfer and HR policies'
2 min read11 Sep 2019The failure of debt funds to create a segregated portfolio or side-pocket stressed securities benefits speculators at the cost of the original investorsWithout side-pockets, speculators can enter funds and share profit with original investors from recoveries
4 min read26 Aug 2019For India, analysts said the growth slowdown that started a couple of quarters ago is expected to broadenIn addition to rural stress, demand disruption due to the general election is a key reason
2 min read17 Jul 2019According to the committee, the fund could operate on the lines of the Textile Upgradation Fund SchemeIt also recommended amendment to the MSMED Act, requiring all MSMEs to mandatorily upload all their invoices above an amount to be specified by the government, from time to time
4 min read26 Jun 2019Crisil and BofA-ML said the new norms will gives a big breather to both banks and stressed companiesCrisil said the immediate breather will be for the power sector companies which owe ₹1 trillion
1 min read10 Jun 2019Lenders to seven stressed power projects are close to resolving loans totalling over 74,000 crore outside the bankruptcy framework
2 min read10 Jan 2019The 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