Page 4 - Debt Restructuring Scheme

Debt restructuring scheme may soften blow of Covid-19 on books of PSBs

Except for a few, most PSBs face major challenges in raising capital from the market, given the low premium

Rs 10 trillion, or 8%, of loans will get recast under new framework: Icra

The RBI has operationalised guidelines based on K V Kamath-led panel's recommendations, which give relief to 26 listed sectors affected by the pandemic

RBI's loan restructuring scheme: Here's how it benefits you

The debt restructuring process involves a reduction of the interest rates on loans or an extension of its repayment tenure, or both

Debt recast at real estate project level to revive sector: Experts

Developers revive stalled projects faster, but someone will have to take a haircut, say industry players

Kamath panel recommendations: 1,027 listed firms eligible for debt recast

These exclude banks, insurers, and NBFC

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

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

Life after moratorium, for banks and borrowers

There are enough filters in the Covid-19 loan restructuring scheme to prevent misuse, but is it a tool to delay the growth in banks' bad loans? We will know after two years

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.

Covid-19: 1,700 mid-size companies need debt restructuring, says CRISIL

The average debt size of these companies in CRISIL's rated portfolio, excluding outliers, is around Rs 25-30 crore

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

Bank moratorium was a temporary solution: RBI governor Shaktikanta Das

On rate cuts, governor says RBI will intervene when needed

One-time loan recast to ease liquidity pressure, says CRISIL report

RBI permitted banks to go for one-time restructuring of loans that are facing stress due to the Covid-19 crisis

Will limit debt restructuring to a select few: Shriram Transport CEO

Chief Executive Umesh Revankar tells T E Narasimhan in an interview that the company does not see any challenge to its cash flows

Rollback time: What didn't work for govts earlier will not work even now

Long discarded policies like deficit monetisation, loan restructuring, higher tariffs and import licensing had not yielded great results even the first time around, points out T N Ninan

Many countries may need debt restructuring after Covid-19 fallout: IMF

IMF's chief economist Gita Gopinath told an online event that there would be "much more persistent need for debt relief for the poorer nations of this world" given the pandemic.

Govt in talks with RBI over one-time restructuring of loans: Sitharaman

The government will consider extending the Rs 3 trillion in emergency line of credit to include individual proprietors

Doubts arise on new debt restructuring scheme

Addresses some issues but not expected to be a game changer, say analysts; workability details also need to be out in place