kv kamath committee Current Affairs, GK & News
Health sector included in ECLGS scheme
The Ministry of Finance recently expanded the scope of Emergency Credit Line Guarantee Scheme to Rs 3 lakh crores. It aims to provide relief to stressed companies in the country. This mainly includes business enterprises in tourism, hospitality, travel and sporting sector. The National Credit Guarantee Trustee Company is the guarantee provider of the ECLGS ..
Month: Current Affairs - April, 2021
Category: Government Schemes Current Affairs
Topics: Atma Nirbhar Bharat Abhiyan • ECLGS • kv kamath committee • National Credit Guarantee Trust Company • SMA account
What is KV Kamath Committee?
The Reserve Bank of India had constituted a five-member expert committee under KV Kamath. He was the former CEO of ICICI Bank. The apex bank recently notified that it is to cover twenty-six stressed sectors under the TLTRO (Targeted Long-Term Repo Operations) Scheme. These twenty-six stressed sectors were identified by the KV Kamath Committee. Highlights ..
Month: Current Affairs - December, 2020
Category: Economy & Banking Current Affairs
Topics: ICICI Bank • K. V. Kamath • KV Kamath • kv kamath committee • Reserve Bank of India (RBI)
KV Kamath committee recommends 26 sectors for Loan Restructuring Scheme
The Reserve Bank have accepted the recommendations of the KV Kamath Committee on ‘Resolution Framework for Covid19-related Stress’ which was submitted by panel on September 4, 2020. Key Facts The Committee has recommended the financial ratios for 26 sectors which could be taken into consideration by lending institutions while finalizing a resolution plan for a ..
Month: Current Affairs - September, 2020
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: KV Kamath • kv kamath committee • Loan Restructuring