Amaravati (Andhra Pradesh) [India], Aug 22 (ANI): Andhra Pradesh government on Saturday issued an order to establish a secretariat, sub-committees and district level committees to assist the state-level committee constituted to study the restructuring of districts in the state.
Mumbai (Maharashtra) [India], Aug 19 (ANI): The recently announced loan restructuring guidelines for COVID-19 related stress will provide banks with an opportunity to keep viable accounts as standard in their books, India Ratings and Research (Ind-Ra) said on Wednesday.
Mumbai (Maharashtra) [India], Aug 12 (ANI): The Reserve Bank of India's decision allowing lenders to restructure loans will increase their refinancing requirements, especially for non-banking banking companies (NBFCs), India Ratings and Research (Ind-Ra) said on Wednesday.
Islamabad [Pakistan], August 12 (ANI): At least 11,000 health care workers of Pakistan anti-polio campaign, who were also mobilised to fight the coronavirus, have lost their jobs since June due to the restructuring and funding cuts of the anti-polio program.
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.
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.
Bhubaneswar (Odisha) [India], Aug 6 (ANI): Odisha Sports and Youth Services Department, has commenced the process of restructuring and revamping its 16 residential sports hostels into "Sports Specific Hostels".
New Delhi [India], Aug 6 (ANI): Industry experts on Thursday welcomed the Reserve Bank of India's (RBI's) accommodative stance and keep the key repo rate unchanged in view of spurting inflationary pressures.
Mumbai (Maharashtra) [India], Aug 6 (ANI): The Reserve Bank of India (RBI) on Thursday kept the key repo rate unchanged at 4 per cent in view of rising inflation and faint signs of economic growth amid the gradual lifting of coronavirus (COVID-19) countrywide lockdown.
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
New Delhi [India], July 31 (ANI): The government is working with Reserve Bank of India (RBI) on the industry's need for restructuring of loans to absorb the adverse impact of COVID-19 pandemic, Finance Minister Nirmala Sitharaman said on Friday.
Chandigarh (Punjab) [India], July 15 (ANI): Punjab Cabinet, led by Chief Minister Captain Amarinder Singh, on Wednesday approved the restructuring of the Water Resources Department in order to bring more efficiency into its functioning.