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Rs 8 trillion of banks loans will be restructured!

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 5 wise men who will decide corporate loan recast

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......

NPAs: New RBI circular scraps 1-day default rule

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......

SC order on RBI circular: How it will hit banks

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......

Bankruptcy code brings good news for SBI

So far, among the IBC cases, SBI has been able to recover Rs 8,500 crore from Tata Steel’s acquisition of Bhushan Steel. Another Rs 1,500 crore is in an escrow account on account of......

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s4a

News for s4a

Rs 8 trillion of banks loans will be restructured!

The 5 wise men who will decide corporate loan recast

NPAs: New RBI circular scraps 1-day default rule

SC order on RBI circular: How it will hit banks

Bankruptcy code brings good news for SBI

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