Search For "resolution framework"
ICAI to launch International ADR Centre to strengthen India's dispute reso
Updated : 7 months, 2 weeks ago IST
Addressing a Press Conference, ICAI President Charanjot Singh Nanda said that this evening, Arjun Ram Meghwal, Minister of State (Independent Charge) for the Ministry of Law & Justice, will launch the ADR centre.
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Few takers for restructuring 2.0 amid demand recovery: Crisil
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 30 (ANI): Barely one per cent of eligible companies in the portfolio of Crisil Ratings have opted for or are contemplating the debt restructuring facility offered by the Reserve Bank of India (RBI) under its resolution framework 2.0, a survey of 4,700 com
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Insolvency and Bankruptcy Bill enables efficient resolution framework : Si
Updated : 4 years, 7 months ago IST
New Delhi [India], August 4 (ANI): Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Wednesday said that the passage of the Insolvency and Bankruptcy Code (Amendment) Bill, 2021 enables an efficient alternative insolvency resolution framework for micro, small and medium e
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RBI introduces Rs 15,000 crore liquidity window for contact-intensive sect
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday opened a separate liquidity window of Rs 15,000 crore till March 31 next year to mitigate the adverse impact of Covid-19's second wave on certain contact-intensive sectors.
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RBI releases expert panel report on resolution framework for COVID-19 rela
Updated : 5 years, 6 months ago IST
New Delhi [India], September 8 (ANI): The Reserve Bank of India on Monday released the report of Expert Committee under the chairmanship of KV Kamath which was constituted to make recommendations on the required financial parameters to be factored in the resolution plans under the 'Resoluti
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COVID-19: Sitharaman to review implementation of resolution framework for
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and NBFCs.
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Sitharaman to review implementation of resolution framework for COVID-rela
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): The Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and Non-Banking Financial Com
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RBI to follow calibrated unwinding of emergency measures post-COVID: Gover
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 27 (ANI): The Reserve Bank of India will not unwind all recent measures taken to shore up the economy amid COVID-19 pandemic and act when the situation arises, Governor Shaktikanta Das said on Thursday.
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Resolution framework to give durable relief to borrowers facing COVID-19 r
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 27 (ANI): While the Reserve Bank of India's (RBI's) moratorium on repaying loans was a temporary solution in the context of COVID-19 lockdown, the resolution framework is expected to give a durable relief to borrowers facing the pandemic-related stress, Gove
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