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2023-05-31 02:59:14| The Economic Times

The RBI is working to establish necessary recognition and resolution measures and is working on the proposed securitisation of stressed assets framework, which will play a crucial role in effectively dealing with rising non-performing assets (NPAs).


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2023-05-31 02:54:54| The Economic Times

Contrary to expectations of a massive surplus transfer to the government, the central bank raised its Contingent Risk Buffer (CRB) by 50 basis points to 6%, when the Economic Capital Framework adopted in 2019 prescribed the 5.5% to 6.5% range.


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2023-05-31 02:41:22| The Economic Times

"The Reserve Bank would endeavour to ensure smooth completion of the government borrowing programme in line with the guiding principles of debt management while ensuring stable debt structure for the governments," the central bank said.


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2023-05-31 02:27:49| The Economic Times

In a similar move, ICICI Bank this week approved a proposal to increase its shareholding in ICICI Lombard General Insurance, aiming to establish the company as a subsidiary of India's second-biggest lender by market capitalisation.


Category: News and Media

 

2023-05-30 21:39:54| The Economic Times

Interim resolution professional (IRP) of Go First stated that seeking directions to take possession of the aircraft from the Delhi High Court would be "contrary to law". Taking possession of the aircraft would stop the airline's operations and lead to significant losses.


Category: News and Media

 

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