Lodha's Macrotech seeks debt moratorium as sales tank 69%

The pandemic caused construction delays at its ongoing projects due to several factors such as lockdowns enforced by government agencies, work-stoppage orders, disruptions in the supply of......

RBI-Sebi close to reaching pact on valuation of troubled cos

The Reserve Bank and market regulator Sebi are close to reaching an agreement for providing waiver of existing norms to banks while they restructure debt into equity with the objective of......

Loans without default on March 1 eligible for restructuring: RBI

The Reserve Bank of India (RBI) has clarified that loans which have remained standard without any defaults as of March 1, 2020, will be eligible for restructuring under the pandemic-related......

RBI announces sops for lending to MSME, home, auto sectors

Observing that MSME sector plays an important role in the growth of the Indian economy, RBI said the restructuring of the borrower account has been extended by further one year to March 31, 2021.......