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Raghu Mohan has been a journalist since 1993, with a distinguished career spanning over three decades. His past experiences include notable stints at The Financial Express, Business India, and Businessworld. He specialises in banking and finance, with a particular emphasis on the regulatory aspects of these fields. In addition to his reporting expertise, he has also successfully managed special projects and events for the publications he has worked with, showcasing his versatility and skill as a journalist.
Raghu Mohan has been a journalist since 1993, with a distinguished career spanning over three decades. His past experiences include notable stints at The Financial Express, Business India, and Businessworld. He specialises in banking and finance, with a particular emphasis on the regulatory aspects of these fields. In addition to his reporting expertise, he has also successfully managed special projects and events for the publications he has worked with, showcasing his versatility and skill as a journalist.
With the account being declared 'fraud', banks are not expected to make additional provisioning; it has been already classified a non-performing asset
Fresh provisioning and telco loans to figure in pre-Budget meet. Inability to find resolution may put Rs 3.8 trn loans at risk
Software upgrade of bank ATMs will be delayed
There may not be a sharp rise in demand for credit anytime soon, even as some pockets show signs of promise. Can this be sustained?
Word is out that there will be relatively few takers for SFB licences compared to the 72 applicants who lined up in February 2015
Simply put, it will do away with the prevailing situation wherein non-banks have no clue on the status of credit exposure of borrowers with banks
This comes at a time when the RBI is sprucing up its regulatory and supervisory architecture to meet the challenges of the increased interconnectedness and complexities of financial markets
Patel on how the fintech company plans to build its business, get a small finance bank licence
The proposed curbs on core investment companies will make it tough for large corporate groups to funnel capital as they did in the past
Resolution plans were to be implemented within 180 days from the end of the one-month review period
New framework likely to be introduced even before default happens
Lenders expect the entire debt resolution process to be delayed further as the NCLT takes a call on a single debt resolution for Lavasa and its subsidiaries
It is not clear as to where PMC Bank stands in the pecking order for recovery of its dues from HDIL, worth Rs 6,500 crore
Lavasa Corporation was sent for debt resolution last year after the company failed to repay its debt worth Rs 4,150 crore
Promoted by HCC, Lavasa was set up as a picturesque hill station near Pune in Maharashtra in 2000. It defaulted on Rs 4,150 crore in loans to banks
Say there's no corporate guarantee offered by parent firm for the loan
If RBP kicks in, there will be a shakeout among urban-cooperative banks
We are still doing our business and will be ready with whatever we need to do, says Singh
RBI, Sebi, Irdai and PFRDA to work closely on new framework
Fear delay in execution of resolution plans during transition will lead to fresh provisioning