Saturday, 2 July, 2022
TopicK.V.Kamath

Topic: K.V.Kamath

Stringent Kamath panel suggestions mean not many stressed firms can avail of RBI debt recast

RBI has implemented KV Kamath panel’s recommendations in totality, including parameters like high debt service coverage ratio and investment grade rating.

Kamath panel won’t look at retail loans restructuring, banks will decide, RBI says

When the committee was announced as part of RBI’s loan restructuring plan, banks were under the impression it would suggest norms for retail and corporate loans.

Interviews for RBI deputy governor post likely on 22 August, M Rajeshwar Rao top contender

RBI deputy governor post has been lying vacant since N.S. Vishwanathan retired on 31 March. He was in charge of portfolios including banking regulation.

Why RBI has picked KV Kamath to restructure loans and kick the can down the road

Fear of probe agencies investigating bad loans left a deep scar on banking officials, raising their risk-averse nature to lending. RBI wants Kamath panel to take care of those fears.

Delays feared in RBI’s debt recast plan as Kamath panel seeks clarity on members, deadline

RBI has given the Kamath committee no deadline to submit its suggestions on loan restructuring plan, while two of its five members are yet to join.

Modi-Shah’s hyper-nationalism is making India insecure when it is actually most secure

India is now far too strong for anyone to push it around. That should’ve made us more secure, not get caught in old fears and insecurities.

India’s economy will not work until its women do

Sri Lanka, Bangladesh and Nepal all doing better in harnessing women’s economic output than India which is second only to Pakistan.

On Camera

YourTurn

Kanhaiya Lal Teli’s body being taken for last rites in Udaipur on 29 June 2022 | Photo: ThePrint | Manisha Mondal

India’s blasphemy beheadings have a new audience—and they’re sitting behind smartphones

Videos on social media have become a key feature of blasphemy killings. Each inspires communal competitors to stage a more macabre act of revenge.
The Reserve Bank of India logo | Photo: Suraj Singh Bisht | ThePrint

RBI intervenes with multi-pronged strategy in battle against rupee fall

The Reserve Bank’s challenges include crashes in forward dollar premiums to rising open interest in futures that adds to pressure on the currency.

Defence

The Autonomous Flying Wing Technology Demonstrator | Photo: DRDO

‘Major milestone’: India conducts maiden flight of unmanned aircraft demonstrator

DRDO calls flight a significant step towards self-reliance in defence technologies; Defence Minister Rajnath Singh lauds achievement, says ‘it paves way for Aatmanirbhar Bharat in critical military systems’.

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.
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