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Raghu Mohan has been a journalist since 1993, with a distinguished career spanning three decades. He specialises in banking and finance, with a particular emphasis on the regulatory aspects of these fields. In addition to his reporting, he has also successfully managed special projects and events for the publications he has worked with, showcasing his versatility and skill as a journalist. His past experiences include stints at The Financial Express, Business India, and Businessworld.
Raghu Mohan has been a journalist since 1993, with a distinguished career spanning three decades. He specialises in banking and finance, with a particular emphasis on the regulatory aspects of these fields. In addition to his reporting, he has also successfully managed special projects and events for the publications he has worked with, showcasing his versatility and skill as a journalist. His past experiences include stints at The Financial Express, Business India, and Businessworld.
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
Current RBI thinking is not to align pvt bank CEOs' age limit with Companies Act at 75 years
Number of branches, HR policies are other issues in bank mergers; bandwidth of managements will be tested
The key reason behind UBFA's revised demand from the 15 per cent earlier is that the gap between what bank employees earn when compared to those in the government's equivalent grade has widened
Part of the problem is the manner in which eco-system participants on-board and service customers
NBFCs are unlikely to have it easy anytime soon; if anything, the pain is set to get deeper