Page 3 - Debt Restructuring Scheme

Airbus to lose over $5 bn in orders under AirAsia X's restructuring scheme

Despite Airbus's objections, AAX's affidavit filed on Monday showed it supported a creditors' meeting needed to approve the scheme

Just 1% firms keen on one-time debt recast as biz outlook improves: Crisil

This is despite the fact that two-thirds of Crisil-rated entities are eligible for restructuring, based on Kamath Committee parameters

Best of BS Opinion: Peering into the recovery, Stimulus 3.0, and more

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

Stimulus 3.0: Credit guarantee scheme recast a smart move

Critics may say it's postponing the inevitable, but considering the pros and cons, this is par for the course and the best part of Atmanirbhar Bharat 3.0 package

Best of BS Opinion: J&K 'integral' reforms, insolvency process, and more

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

Aston Martin raises $1.7 billion from Mercedes to steer out of auto crisis

The British carmaker is raising a total of about 1.3 billion pounds ($1.7 billion) through bond and stock offerings, most of which will be used to refinance existing debt

Top headlines: SAT clearing more cases in Covid; auto firms witness growth

From SAT clearing more cases now than before Covid-19 pandemic to new takers for RBI's debt restructuring scheme, here are top headlines this morning

Best of BS Opinion: Interest-waiver issue, Covid-19 crisis, and more

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

Regularise your accounts by the end of November

Borrowers must recommence regular repayments and ensure that they do not default on their loan obligations

RBI's debt restructuring scheme sees few takers in corporate world: Banks

Under the scheme, borrowers' accounts will not be downgraded as sub-standard or 'non-performing' if their loans are restructured

Is it curtains for the interest-waiver issue?

Interest is not being waived and the benefit is extended to all - including those who have not availed of the loan moratorium. So, it will not vitiate the credit culture

Swift economic recovery key to limit loan losses for Indian banks: Fitch

Lenders face a tough operating environment in the near term, with a spike in stressed loans and write-offs due to the economic fallout of the coronavirus pandemic

Simple interest accumulated during moratorium remains the bigger concern

Since simple interest keeps accumulating, your outstanding at the end of the moratorium will be higher than at the start

SC asks govt, RBI to put K V Kamath panel's debt recast report on record

Case hearing adjourned to Oct 13 by when Centre and RBI will submit additional affidavits to chalk out steps to bring shape to proposals made on waiver of interest on interest for small borrowers

Best of BS Opinion: Task before the new SBI boss, debt restructuring & more

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

Need restructuring, not bankruptcy

Most stressed lenders should go into restructuring with the IBC being its bedrock

Worst is behind, will complete RFL debt recast by Dec: Religare chairperson

The company has been in financial distress, primarily due to alleged misappropriation of funds by erstwhile promoters Shivinder Singh and his brother Malvinder Singh

Loan restructuring: Who can avail the scheme? All you should know

Loan restructuring scheme is a process used by companies and individuals facing financial distress or on the brink of insolvency to lower/renegotiate their debts

How loan restructuring scheme can impact your finances: Things to know

The accumulated interest will increase the principal and you will have to pay a higher interest rate on it

SBI to levy 1% more on working capital under debt restructuring

Any concessions provided during the resolution period will result in right of recompense