2020-08-10 06:52:44| The Economic Times
RBI refrained from taking steps to ease the markets debt burden at a policy review last week, even as the government plans to sell 12 trillion rupees ($160 billion) of bonds this fiscal year.
2020-08-06 16:56:40| The Economic Times
View: RBI's loan restructuring; atoning past sinsAfter months of debate, Governor Das unveiled one that rested on the Prudential Framework for Resolution of Stressed Assets issued in June 2019, a palatable formula born out of a legal tussle between bankrupt borrowers and a regulator entrusted with safeguarding the common mans nest egg.
2020-08-02 19:40:07| The Economic Times
Despite the sharp reduction in bank lending rates to near-historic lows, there are few takers for credit. From the banks perspective, there are few creditworthy borrowers to lend to not without risking a surge in non-performing assets (NPAs) some months down the line.
2020-08-02 13:29:14| The Economic Times
Experts are, however, divided over the possibility of another rate cut by the RBI in its forthcoming policy arguing that one-time loan restructuring was more essential at this juncture to tide over the COVID-19 situation.
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