Page 5 - Debt Restructuring Scheme

Swift economic recovery key to limit loan losses for Indian banks: Fitch

Lenders face a tough operating environment in the near term, with a spike in stressed loans and write-offs due to the economic fallout of the coronavirus pandemic

Simple interest accumulated during moratorium remains the bigger concern

Since simple interest keeps accumulating, your outstanding at the end of the moratorium will be higher than at the start

SC asks govt, RBI to put K V Kamath panel's debt recast report on record

Case hearing adjourned to Oct 13 by when Centre and RBI will submit additional affidavits to chalk out steps to bring shape to proposals made on waiver of interest on interest for small borrowers

Best of BS Opinion: Task before the new SBI boss, debt restructuring & more

Here's a selection of Business Standard opinion pieces for the day

Need restructuring, not bankruptcy

Most stressed lenders should go into restructuring with the IBC being its bedrock

Worst is behind, will complete RFL debt recast by Dec: Religare chairperson

The company has been in financial distress, primarily due to alleged misappropriation of funds by erstwhile promoters Shivinder Singh and his brother Malvinder Singh

Loan restructuring: Who can avail the scheme? All you should know

Loan restructuring scheme is a process used by companies and individuals facing financial distress or on the brink of insolvency to lower/renegotiate their debts

How loan restructuring scheme can impact your finances: Things to know

The accumulated interest will increase the principal and you will have to pay a higher interest rate on it

SBI to levy 1% more on working capital under debt restructuring

Any concessions provided during the resolution period will result in right of recompense

Debt restructuring scheme may soften blow of Covid-19 on books of PSBs

Except for a few, most PSBs face major challenges in raising capital from the market, given the low premium

Rs 10 trillion, or 8%, of loans will get recast under new framework: Icra

The RBI has operationalised guidelines based on K V Kamath-led panel's recommendations, which give relief to 26 listed sectors affected by the pandemic

RBI's loan restructuring scheme: Here's how it benefits you

The debt restructuring process involves a reduction of the interest rates on loans or an extension of its repayment tenure, or both

Debt recast at real estate project level to revive sector: Experts

Developers revive stalled projects faster, but someone will have to take a haircut, say industry players

Kamath panel recommendations: 1,027 listed firms eligible for debt recast

These exclude banks, insurers, and NBFC

Loan recast: Things should be back on track in 2 years, says K V Kamath

In an interview to Abhijit Lele, Kamath said challenges faced by non-banking financial companies (NBFCs) should be dealt separately by the regulator

Kamath committee: Analysts applaud criteria, but fear not all may benefit

Analysts remain skeptical of the timeline to implement the restructuring guidelines and the number of companies that may meet the eligibility criteria

Kamath panel identifies 26 stressed sectors, outlines rules for recast

Bankers estimate loans worth Rs 4-4.5 trillion would need recast going by the panel rules

Life after moratorium, for banks and borrowers

There are enough filters in the Covid-19 loan restructuring scheme to prevent misuse, but is it a tool to delay the growth in banks' bad loans? We will know after two years

Kamath panel to submit recommendations on debt restructuring today

The panel was formed to advise the RBI on the debt restructuring of corporate borrowers facing stress due to the pandemic.

Covid-19: 1,700 mid-size companies need debt restructuring, says CRISIL

The average debt size of these companies in CRISIL's rated portfolio, excluding outliers, is around Rs 25-30 crore