The committee sets 180 days to implement the plan and makes an inter creditor agreement (ICA) mandatory. Reserve Bank of India (RBI) on Monday released guidelines for banks to follow while restructuring Covid-stressed loan exposures, across 26 sectors. The circular, based on the recommendations given by the KV Kamath Committee, […]
Banking & Business
The economy’s return to pre-pandemic levels will take longer than generally anticipated, the chief of Deutsche Bank warned on Wednesday. The grim outlook from one of Germany‘s top bankers comes as many countries in Europe and beyond see rising coronavirus infection rates and governments grapple with how to respond. Chief […]
Hindi News Business Airtel Launches New Extreme Fiber Broadband Plan; 4K TV Box With Unlimited Data And Other Features Including Membership Of Paid OTT Apps नई दिल्ली7 घंटे पहले एयरटेल के नए ब्रॉडबैंड प्लान Airtel Xstream Bundle के तहत लॉन्च हुए हैं इन प्लान का फायदा एयरटेल के मौजूदा 25 […]
NEW DELHI: The State Bank of India (SBI) on Monday said it proposes to recruit 14,000 employees during the current year and its ‘on tap VRS’ is not a cost-cutting exercise. The country’s largest lender has planned a voluntary retirement scheme (VRS) under which about 30,190 employees are eligible. The […]
Samsung India expects to double its online mobile business in the second half of the current year, driven by new introductions in the festival season combined with customer preference for highend devices. “In the second half, we are seeing a strong resurgent growth. We expect to double our online business […]
The government has decided to evaluate security risks associated with prospective buyers of state-run Bharat Petroleum Corporation Ltd (BPCL) such as indirect Chinese links before declaring the name of the highest bidder to avoid delays, people familiar with the matter said. The bidding process will be jeopardised if security clearance […]
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नई दिल्ली। एक तरफ भारत में जैसे-जैसे कोरोना वायरस महामारी के मामले बढ़ते जा रहे हैं वहीं अन्य ओर हिंदुस्तान में सेवाओं पर लगी पाबंदियां घट रही हैं। इसी क्रम में भारत में पहली बार बाधित हुई रेल सेवा अब फिरसे धीरे-धीरे पूरी तरह से पटरी पर लौट रही है। […]
Ahluwalia Contracts has secured a new order worth approximately Rs323cr on Monday, for construction of 240 beds in hospital building of Dr Radha Krishnan Medical College and Hospital at Hamirpur district. In its regulatory filing, the company said, “We are pleased to inform you that Ahluwalia Contracts (India) Limited has […]
The Reserve Bank had, on August 7, 2020, announced the constitution of an Expert Committee under the chairmanship of Shri K.V. Kamath to make recommendations on the required financial parameters to be factored in the resolution plans under the ‘Resolution Framework for Covid19-related Stress’ along with sector specific benchmark ranges […]