No interest on interest on moratorium loans
Reversing last session's losses, the 30-share BSE Sensex ended 280.15 points or 0.56 per cent higher at 50,051.44
SC judgment will end uncertainty in the banking system
Banks unlikely to be impacted a lot as the level of debt recast had been low
Here's a selection of Business Standard opinion pieces for the day
Step will help banks, financial institutions separate regular debt restructuring and those availed due to the pandemic
Centre likely to review situation after a few months; another extension is economically and legally untenable, say officials
Have sought intervention of Ministry of Civil Aviation for fresh credit lines
In an interview with Abhijit Lele, K V Kamath'said India needs to be mindful of the pain that exists in the self-employed category and those with unsecured loans
Despite Airbus's objections, AAX's affidavit filed on Monday showed it supported a creditors' meeting needed to approve the scheme
This is despite the fact that two-thirds of Crisil-rated entities are eligible for restructuring, based on Kamath Committee parameters
Here's a selection of Business Standard opinion pieces for the day
Critics may say it's postponing the inevitable, but considering the pros and cons, this is par for the course and the best part of Atmanirbhar Bharat 3.0 package
Here's a selection of Business Standard opinion pieces for the day
The British carmaker is raising a total of about 1.3 billion pounds ($1.7 billion) through bond and stock offerings, most of which will be used to refinance existing debt
From SAT clearing more cases now than before Covid-19 pandemic to new takers for RBI's debt restructuring scheme, here are top headlines this morning
Here's a selection of Business Standard opinion pieces for the day
Borrowers must recommence regular repayments and ensure that they do not default on their loan obligations
Under the scheme, borrowers' accounts will not be downgraded as sub-standard or 'non-performing' if their loans are restructured
Interest is not being waived and the benefit is extended to all - including those who have not availed of the loan moratorium. So, it will not vitiate the credit culture