KV Kamath Current Affairs, GK & News

Lending Target of NaBFID

March 26, 2022

A target of Rs 1 trillion has been set by the government for the National Bank for Financial Infrastructure and Development (NaBFID) to sanction loans to the country’s infrastructure sector in the upcoming financial year. Overview: This new Development Finance Institution (DFI) will commence its operations in the first quarter of the upcoming financial year. ..

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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 ..

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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 ..

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RBI constitutes a panel for Loan restructuring

August 8, 2020

The Reserve Bank of India has formed a five-member committee under the chairmanship of former ICICI Bank CEO KV Kamath to make recommendations regarding the financial parameters to be considered in the structuring of loans impacted by the COVID 19 pandemic. Who all are there in the Committee? Apart from the Chairman, other members of ..

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