Page 3 - K V Kamath

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

Ferrous, non-ferrous firms will have to iron out loan-rejig challenges

The committee has identified five key ratios with different limits across sectors

Kamath panel recommendations: Implementation to be key, say hotel execs

Hospitality firms say banks should be willing to restructure

Resolving stressed assets

The new package should not be used to kick the can down the road

Kamath panel has little impact on retail, media, food services: Experts

30-50% firms don't meet criteria; Analysts say large firms in these segments don't need loan recast due to the efficient manner in which many of them operate

Little gain from Kamath Panel proposals, say auto dealers, component makers

They say average current ratio for industry is 0.8-0.9 due to two-year distress, so meeting the suggested ratio of 1 will be difficult for many

Kamath panel better than CDR, but may delay identifying stress: Experts

The K V Kamath panel's loan recast recommendations are better than CDR mechanism, but these may result in banks postponing recognition of stress through short-term relief, analysts said

72% loans affected due to Covid-19, economic recovery improving: K V Kamath

Speaking about the loan restructuring, the chairman said that there will be complications, but "sure that bankers will take a considered decision to reach an equitable proposal"

Manappuram Finance, Federal Bank: 5 financial stks that look weak on charts

A recent gap down below 23,450 has dampened the upside bias in Nifty Bank.

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

Difficult to avail loan restructuring under Kamath panel: Airline execs

Getting working capital loans will also become difficult as there is no certainty when the passenger flow will pick up

Real estate sector welcomes RBI approval of Kamath panel's debt recast plan

The committee has selected 26 sectors, including real estate, which will require restructuring based on its analyses of financial parameters hit due to the economic crash caused by the Covid-19

Kamath committee suggestions are a good start for resolving a big problem

The exclusion of non-bank finance companies (NBFCs) is interesting, as this is sector is heavily leveraged and could face the same problem as banks from their clients

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.

Unlock BFSI 2.0: SBI chief hopes for lesser corporate debt recast requests

Kumar said banks would look at all requests for restructuring on a case-to-case basis and will act according to whatever is permitted by regulation

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

Kamath committee recommendations will be out by September 6: RBI Governor

The committee on business loan resolution would submit its recommendations within one month and the central bank will soon release its final guidelines on the issue

How long will it take for RBI's loan-recast plan to see the light of day?

It will take some effort to ensure that the RBI's one-time loan recast scheme works satisfactorily, reports Raghu Mohan

One-time loan recast: Tricky road lies ahead for Kamath panel, say experts

Govt appoints four more members; norms in 30 days after recommendations