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Page-2 of Topic: Debt

BoB signs MoU with Indian Army for customised services

The Bank of Baroda (BoB) has signed a Memorandum of Understanding (MoU) with Indian Army under which the bank would offer customised services along with a host of...

October 4, 2019

Debt Management and Monetary Policy in India

The discourse on the need to separate debt management and monetary policy is doing rounds for quite a time. The view was even endorsed by the committee on...

August 1, 2019

Budget 2019 : Borrowings/ Government Debt

The Union Budget had the following to say on the government debt- India s sovereign external debt to GDP is less than 5%. It is among the lowest...

July 6, 2019

Sunil Mehta recommends changes in existing Inter-Creditor Agreement (ICA)

The Sashakt Committee, headed by PNB non-executive chairman Sunil Mehta, has recommended changes in existing Inter-Creditor Agreement (ICA) to incorporate revised voting threshold and other changes for decision...

June 12, 2019

New Delhi is organizing 2019 World Trade Organisation (WTO) ministerial meeting of developing countries

On 13th May 2019, the World Trade Organisation (WTO) ministerial meeting of developing countries has started in New Delhi. The two-day meeting is being held at a time...

May 13, 2019

SBI’s new rules on saving accounts and short-term loans effective from May 1

State Bank of India (SBI) has moved to a new interest rate regime on large savings account deposits with balance above Rs 1 lakh as well as short-term...

May 2, 2019

11-member working group to go into concept of ‘Group Insolvency’ and suggest a suitable framework

The insolvency regulator Insolvency and Bankruptcy Board of India (IBBI) has set up a 11-member working group under the Chairmanship of former SEBI chief UK Sinha to go...

January 22, 2019

RBI starts process to set up PCR for capturing borrowers’ details

The Reserve Bank of India (RBI) has initiated steps to set up a wide-based digital Public Credit Registry (PCR) to capture details of all borrowers, including wilful defaulters...

November 5, 2018

Unintended Consequences of IBC

Insolvency and Bankruptcy Code (IBC) act was considered as a path breaking legislation which provided for a time bound resolution of insolvency and bankruptcy cases. The act was...

September 13, 2018

Pradeep Kumar Sinha committee constituted to address issues of stressed thermal power projects

The Union Government has constituted a high level empowered committee to address the issues of stressed thermal power projects. The committee will be headed by Cabinet Secretary, Pradeep...

July 31, 2018

Latest report of Moody’s Investors Service projects GDP growth forecast to 7.3% in 2018

The latest report of Moody’s Investors Service has cut India’s GDP growth forecast to 7.3% in 2018 from the previous estimate of 7.5% due to higher oil prices...

May 31, 2018

The Indian Overseas Bank signs Information Utility pact with NeSL

The Indian Overseas Bank (IOB) has signed Information Utility (IU) pact with National E-Governance Services Limited (NeSL) to share financial and security information under the Insolvency and Bankruptcy...

April 24, 2018

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