An estimated 47 per cent voters exercised their franchise on Sunday in the Kalyan-Dombivli Municipal Corporation polls where the ruling allies the Bharatiya Janata Party and the Shiv Sena are......
Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay. IMAGE: Kundapur Vaman Kamath, former ICICI CEO......
What will be its impact on the banks's balance sheets? Since banks need to provide for 10 per cent of the loans restructured, they would need Rs 50,000 crores to Rs 80,000 crore for this purpose,......
The new circular provides for a framework for early recognition, reporting and time-bound resolution of bad loans. Illustration: Dominic Xavier/Rediff.com The Reserve Bank on Friday issued a new......
Banks to get more aggressive and act like PE investors The government and the Reserve Bank of India (RBI) could introduce a gradation system in loan restructuring to deal with bad debts. All......
Bankers said the SC verdict might prolong the resolution process and force lenders to bring back cases to the drawing board. Illustration: Uttam Ghosh/Rediff.com With the Supreme Court striking......