Finance Minister Nirmala Sitharaman will maintain a overview assembly with heads of banks and NBFCs on Thursday for the graceful and speedy implementation of the one-time debt recast for decision of COVID-19-related stress in financial institution loans. The Reserve Financial institution of India (RBI) final month permitted a one-time restructuring of each company and retail loans with out getting categorized as a non-performing asset (NPA). Banks are within the technique of getting a board-approved restructuring framework in step with the framework and eligibility outlined by the RBI.
You may have reached your restrict totally free articles this month.
To get full entry, please subscribe.
Have already got an account ? Check in
Present Much less Plan
Subscription Advantages Embody
At present’s Paper
Discover mobile-friendly model of articles from the day’s newspaper in a single easy-to-read record.
Transfer easily between articles as our pages load immediately.
Take pleasure in studying as many articles as you would like with none limitations.
A one-stop-shop for seeing the newest updates, and managing your preferences.
A choose record of articles that match your pursuits and tastes.
We transient you on the newest and most essential developments, thrice a day.
*Our Digital Subscription plans don’t at present embrace the e-paper ,crossword, iPhone, iPad cellular functions and print. Our plans improve your studying expertise.
A letter from the Editor
Expensive reader,We’ve been conserving you recent with info on the developments in India and the world which have a bearing on our well being and wellbeing, our lives and livelihoods, throughout these troublesome occasions. To allow huge dissemination of reports that’s in public curiosity, we have now elevated the variety of articles that may be learn free, and prolonged free trial durations. Nonetheless, we have now a request for individuals who can afford to subscribe: please do. As we combat disinformation and misinformation, and hold apace with the happenings, we have to commit larger sources to information gathering operations. We promise to ship high quality journalism that stays away from vested curiosity and political propaganda.
Help High quality Journalism
A letter from the Editor
Expensive subscriber,Thanks!Your assist for our journalism is invaluable. It’s a assist for fact and equity in journalism. It has helped us hold apace with occasions and happenings.The Hindu has at all times stood for journalism that’s within the public curiosity. At this troublesome time, it turns into much more essential that we have now entry to info that has a bearing on our well being and well-being, our lives, and livelihoods. As a subscriber, you aren’t solely a beneficiary of our work but in addition its enabler.We additionally reiterate right here the promise that our group of reporters, copy editors, fact-checkers, designers, and photographers will ship high quality journalism that stays away from vested curiosity and political propaganda.Suresh Nambath