Page 6 - Debt Restructuring Scheme

Kamath panel races against time to meet Sept 6 deadline amid Covid-19

Senior bankers working closely with the committee said all panel members are on board and are actively participating in deliberations

Bank moratorium was a temporary solution: RBI governor Shaktikanta Das

On rate cuts, governor says RBI will intervene when needed

One-time loan recast to ease liquidity pressure, says CRISIL report

RBI permitted banks to go for one-time restructuring of loans that are facing stress due to the Covid-19 crisis

Will limit debt restructuring to a select few: Shriram Transport CEO

Chief Executive Umesh Revankar tells T E Narasimhan in an interview that the company does not see any challenge to its cash flows

Rollback time: What didn't work for govts earlier will not work even now

Long discarded policies like deficit monetisation, loan restructuring, higher tariffs and import licensing had not yielded great results even the first time around, points out T N Ninan

Many countries may need debt restructuring after Covid-19 fallout: IMF

IMF's chief economist Gita Gopinath told an online event that there would be "much more persistent need for debt relief for the poorer nations of this world" given the pandemic.

Govt in talks with RBI over one-time restructuring of loans: Sitharaman

The government will consider extending the Rs 3 trillion in emergency line of credit to include individual proprietors

Doubts arise on new debt restructuring scheme

Addresses some issues but not expected to be a game changer, say analysts; workability details also need to be out in place