RBI has started flip-flopping, it'll become that much easier for the tycoons to rewind the credit culture - back to the debtor-friendly show it always was
Bad loans of over Rs 5 billion will be dealt with through multiple asset management companies
The process of e-bidding for the sale of these accounts will happen on July 7, 2018, the bank said
Workmen, creditors, banks, unsecured creditors..all need to take a haircut so there is an equitable distribution of the resolution process: Jaitley
According to Moody's, recent ordinance and RBI's action on joint lenders' forum are credit positive
According to Rai, consolidation of banks is a 'secondary' issue and bad loans, vacant management positions are priorities