Restructuring Norms News

Industry

SBI’s Arundhati Bhattacharya says more clarity needed on debt restructuring norms

SBI's request on debt restructuring norms comes at a time the when resolution of stressed assets are getting stuck because banks are unwilling to take large losses

1 min read16 Feb 2017
Market

Why new debt recast scheme is like a nuclear deterrent

Like a nuclear weapon, the new debt recast scheme seems more effective as a threat because of several hurdles in applying the law

2 min read10 Jun 2015
Politics

Banks get RBI approval to take control if debt restructuring fails

RBI says 'strategic debt restructuring' exercise will ensure promoters are more involved in turning around a debt-laden company

4 min read9 Jun 2015

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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