Search For "debt restructuring"
India's bank debt restructuring to delay NPL recognition: Fitch
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 11 (ANI): The Reserve Bank of India's (RBI's) recent proposal to allow banks to restructure many types of loans will extend uncertainty over the banking sector's asset quality, Fitch Ratings said on Tuesday.
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Real estate sector grapples with volatility amid COVID-19 pandemic
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 20 (ANI): The novel coronavirus pandemic has been a speed-breaker of sorts at a time when home buyers were gradually returning to the market, National President of the National Real Estate Development Council (NAREDCO) Niranjan Hiranandani said on Friday.
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Jindal Stainless successfully exits corporate debt restructuring
Updated : 6 years ago IST
New Delhi [India], Mar 5 (ANI): Jindal Stainless Ltd (JSL), India's largest stainless steel manufacturer, said on Thursday it has successfully exited from the corporate debt restructuring (CDR) framework with effect from March 31 last year.
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RBI announces steps to boost loans to real estate, auto and MSMEs
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 6 (ANI): The Reserve Bank of India (RBI) on Thursday announced several measures to boost loan growth to sectors like residential real estate, automobiles, and micro, medium and small enterprises (MSMEs).
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Enabling resolution of finance companies under IBC credit positive for ban
Updated : 6 years, 3 months ago IST
Singapore, Nov 25 (ANI): Inclusion of non-bank finance institutions (NBFIs) in the Insolvency and Bankruptcy Code (IBC) 2016 is credit positive for banks, Moody's Investors Service said on Monday.
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Union Cabinet approves revival plan for BSNL, MTNL, gives nod to their mer
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 23 (ANI): The Union Cabinet on Wednesday approved the proposal for revival of BSNL and MTNL by administrative allotment of spectrum for 4G services, debt restructuring by raising of bonds with sovereign guarantee, reducing employee costs, monetisation of assets and in-
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