Ease of Doing Business for MSMEs: With a view to tackling the second wave of the pandemic, the Reserve Bank of India on May 5, 2021, announced ‘Resolution Framework 2.0 for COVID-related stressed ...
“However, the resolution framework is without prejudice to all applicable guidelines issued by the relevant financial sector regulators and other departments of the RBI in respect of any particular ...
The central bank said in a notification said the new norms provide a framework for early recognition, reporting and time-bound resolution of stressed assets. The Reserve Bank of India (RBI) on Friday ...
The scheme has been extended multiple times from October last year to November followed by March 2021, June 2021, and currently till September 2021. The Reserve Bank of India (RBI) in August last year ...
The Reserve Bank on Saturday said that borrowers opting for resolution of COVID-related stressed loans are not required to submit any specific plans. In FAQs on Resolution Framework for COVID-19 ...
MUMBAI: The RBI on Friday expanded the coverage of Resolution Framework 2.0 by doubling the maximum aggregate exposure threshold to Rs 50 crore for MSMEs, non-MSME small businesses and individuals for ...
Recently, the Reserve Bank of India (RBI) introduced the 'Resolution of Stressed Assets - Revised Framework', replacing the regime of voluntary restructuring for Indian banks. Since restructuring had ...
The mandatory norm of inter-creditor agreement allows banks to decide resolution strategy outside the IBC and it will help lenders to accelerate process to resolve stressed assets, Sashakt committee ...
The Reserve bank of India (RBI) on February 12, 2018 has revised the new stressed assets framework to tighten its rules around bank loan defaults and asked banks to immediately identify defaults and ...
It is both an honor and a great pleasure for me to participate today in the twelfth “ECB and its Watchers Conference.” I would like to congratulate the ECB and the Centre for Financial Studies for ...