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 2017Like 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 2015RBI says 'strategic debt restructuring' exercise will ensure promoters are more involved in turning around a debt-laden company
4 min read9 Jun 2015The 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