Author: K Ram Kumar

[ad_1] The Reserve Financial institution of India (RBI) could tweak its framework for Asset Reconstruction Corporations (ARCs) as recoveries of retail and MSME loans by these firms through one-time settlement (OTS) have been severely impacted.After the framework was issued in October final 12 months, restoration of retail loans (comparable to housing, auto, schooling and unsecured loans) and MSME loans has grow to be a rigmarole as settlement of dues may be executed solely after every OTS proposal is examined by an impartial advisory committee (IAC), primarily based in whose advice, the ARC’s Board takes a name. Malpractices in OTS Consultants…

Read More

[ad_1] Leveraging extra statutory liquidity ratio (SLR) securities, that are being touted by prime bankers as a possible supply of liquidity to assist credit score development, might pose a problem for banks at a time when rates of interest are on an upswing.  Catch-22 state of affairs Specialists opine that banks are in a Catch-22 state of affairs, with all of them desirous to whittle down their surplus SLR securities (comprising Central and State authorities securities) to assist credit score development however rising yields usually are not providing them the chance.In such a state of affairs, it might be an uphill…

Read More