kv kamath committee Current Affairs, GK & News

Health sector included in ECLGS scheme

April 17, 2021

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: 

Category: 

Topics:  • • • •

What is KV Kamath Committee?

December 15, 2020

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: 

Category: 

Topics:  • • • •

KV Kamath committee recommends 26 sectors for Loan Restructuring Scheme

September 8, 2020

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: 

Category:  •

Topics:  • •