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For latest updates on nCOVID-19 around the world visit our INTERACTIVE COVID MAP
  • Bad Loans: RBI Eases Norms for Defaulting Corporates, Even As NPA Crisis Continues
    08 Jun 2019
    Now, it is up to the banks to drag the defaulting companies to bankruptcy court, while defaulters on working-capital loan accounts get an additional 30 days of ‘review period’ before banks are…
  • Reserve bank of India
    IANS
    SC Nixes RBI’s Feb 12 Circular on Bad Loans as Ultra Vires
    02 Apr 2019
    The court verdict -- on petitions filed by power, fertiliser and sugar companies -- would have a bearing on Rs 2.2 lakh crore of bad loans.
  • Newsclick Report
    SC To Hear Loan-Defaulting Corporate Power Producers’ Pleas Against RBI’s Insolvency Mandate Today
    14 Nov 2018
    The hearings are crucial as reprieve to stressed thermal power companies — defaulting on loans of more than Rs 1.74 lakh crore — from insolvency proceedings is among the bones of contention between…
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