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Prudential Framework For Resolution Of Stressed Assets

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  • Business

IBC: 'Defaulters' paradise is lost'

'The Insolvency and Bankruptcy Code cleans up non-performing assets and puts companies in capable and credible hands.' Illustration: Uttam Ghosh/Rediff.com India's landmark insolvency law, now in......

Moratorium on loan repayment may not be extended beyond Aug 31

Moratorium was only a temporary reprieve to borrowers affected by the pandemic, adding that a longer moratorium period exceeding six months can impact credit behaviour of borrowers and increase the......

Moratorium extended: Borrowers get time till Aug to repay loans

As a result of this moratorium, individuals' EMI payments of loans taken will not be deducted from their bank accounts, providing much needed liquidity to borrowers whose income has been disrupted......

RBI plans to put weak private lenders under the hammer

The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action. In a first, the Reserve Bank of India (RBI) is planning to auction private sector banks......

Despite high NPAs, Indian banks have become more resilient: RBI

Thanks to the recapitalisation by the government and measures taken by the central bank, collapse of any large housing finance company won’t pose as big a risk as it had six months ago.......

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