Search For "one time restructuring"
Orient Craft Announces Debt-free Status, Eyes Jharkhand as Next Growth Des
Updated : 1 year, 10 months ago IST
New Delhi [India], May 9: Orient Craft Limited, India's leading player in the garments manufacturing and exports industry, today announced its 100% debt-free status. It worked closely with a consortium of 11 banks, including the State Bank of India (SBI), United Bank of India (UBI), HDFC and
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Crisil revises outlook on Canara Bank's debt instruments to stable
Updated : 5 years ago IST
Bengaluru (Karnataka) [India], March 5 (ANI): Crisil has revised its outlook on long-term debt instruments of Canara Bank to stable from negative while reaffirming the ratings at AAA and AA.
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Gross NPAs of banks may jump to 11.5 pc by end of FY21: Care Rating
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 14 (ANI): The gross non-performing assets (NPAs) ratio of Indian banks is likely to be 11 to 11.5 per cent by end of current fiscal and they are likely to restructure 4 to 5 per cent of the overall bank credit outstanding, according to Care Rating.
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RBI names three more members in Kamath committee on loan restructuring
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Friday announced the members of Kamath committee who will frame rules for the one-time restructuring of loans for stressed borrowers proposed by the central bank a day earlier.
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Asset quality risks for banks, NBFCs remain elevated: ICRA
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): A further deterioration in asset quality and the risks for banks and non-banking finance companies (NBFCs ) continue to remain high despite most of them reporting a decline in the loans under moratorium phase two (June to August 2020), rating agency ICRA said
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COVID-19: Delhi HC notice to Centre, RBI on plea for restructuring of loan
Updated : 5 years, 9 months ago IST
New Delhi [India], June 11 (ANI): Delhi High Court has issued notice to the Central government, Reserve Bank of India (RBI) and others on a plea seeking directions to allow a one-time restructuring of loans by all banks and non-banking financial companies (NBFCs) in the wake of coronaviru
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Andhra CM launches YSR Navodayam scheme to provide financial assistance to
Updated : 6 years, 4 months ago IST
Amaravati (Andhra Pradesh) [India], Oct 18 (ANI): Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Thursday launched 'Dr YSR Navodayam' scheme which provides Rs 3,500 crores to about 85,000 MSMEs under One Time Restructuring (OTR).
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