Page 2 - Debt Restructuring Scheme

Barely 1% of investment-grade firms keen on RBI's loan recast 2.0: Crisil

Of those inclined to seek restructuring, 95% are sub-investment grade; Crisil qualified views by saying these are preliminary readings from its survey

Restructuring of assets on cards in absence of moratorium: HDFC Securities

Financial institutions are likely to exercise 'Restructuring 2' for stressed assets, in the absence of a moratorium, said HDFC Securities

Only nine large firms' debt of Rs 59,000 crore recast by banks so far

Kamath panel approved all the nine proposals of banks

Banker's Trust: Has crony capitalism hijacked bad loan resolution?

If bankers move fast and preserve the enterprise value of defaulting companies, recovery rate will improve even as the new insolvency law, much like the GST, remains a work in progress

Restructured loans of non-bank financials to double by March: ICRA

The pandemic and the curbs imposed to contain its spread have affected the cash flow of borrowers and prolonged the recovery process, according rating agency ICRA

Debt cut strategies useful for borrowers but they come at a cost

Loan restructuring and moratorium increase interest outgo

Valuation of SBI, subsidiaries can be better: Chairman Dinesh Kumar Khara

The early numbers indicate that we have seen traction in the retail book. But, not much traction was seen in the corporate book, said Dinesh Khara, Chairman, SBI

RBI's new restructuring package for small borrowers: Will it work?

The new restructuring package for small borrowers has little chance of taking off

About 3,400 rated firms eligible for recast under fresh rules: CRISIL

Actual number of units going for recast could be much lower as the impact of pandemic might be contained over next 2-3 months, says rating agency

NBFCs seek fresh debt recast as Covid-19 second wave wreaks havoc

Those who had availed themselves of the recast earlier should get a second chance, the Finance Industry Development Council said in a letter to the RBI

Future lenders approve debt restructuring; plan to be sent for approval

Lenders of the debt-ridden Future Retail Ltd have approved a plan to restructure the existing financial debt of the company under an RBI announced resolution framework for Covid-19 related stress

SC lifts NPA standstill, rejects moratorium extension and interest waiver

No interest on interest on moratorium loans

Bank stocks lift indices after Supreme Court order on loan moratorium

Reversing last session's losses, the 30-share BSE Sensex ended 280.15 points or 0.56 per cent higher at 50,051.44

Judicious decision

SC judgment will end uncertainty in the banking system

SC's compound interest waiver may have impact of Rs 7,000 crore: Analysts

Banks unlikely to be impacted a lot as the level of debt recast had been low

Best of BS Opinion: No space for SPACs, NSE trading outage, and more

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

Maintain separate category for Covid-19 moratorium seekers: RBI to banks

Step will help banks, financial institutions separate regular debt restructuring and those availed due to the pandemic

Suspension of IBC proceedings may not be extended beyond March 24

Centre likely to review situation after a few months; another extension is economically and legally untenable, say officials

Airlines seek easier Kamath panel's parameters on loan restructuring

Have sought intervention of Ministry of Civil Aviation for fresh credit lines

Economy well placed to capitalise on recovery in 2021, says K V Kamath

In an interview with Abhijit Lele, K V Kamath'said India needs to be mindful of the pain that exists in the self-employed category and those with unsecured loans