A bench led by Justice Ashok Bhushan issued the interim order while was hearing a batch of petitions seeking waiver of interest on deferred EMIs during the moratorium period.
RBI seeming to opt for a hands-off approach, which could lead to faster appreciation of rupee. On Tuesday, the currency posted its biggest single-day gain in 21 months.
RBI favours a ‘credible consolidation plan’ with specific action points to reduce the Centre’s debt and deficit levels. It adds states may need to cut growth-giving capital expenditure.
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.
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.
Sound health of NBFCs is vital because they form backbone of Indian economy in lending to wide range of borrowers from small merchants to business giants.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
MR.MEHTA, ASK YOUR FINANCE MINISTER AS TO WHY DEFAULTERS LIKE MEHUL…NIROV…VIJAY AND MANY MORE THIEVES OF THIS COUNTRY WERE NOT APPREHENDED TILL NOW !1 ASK YOUR FM IT IS BUSINESS FIRST OR PEOPLE’S LIVES !! ASK YOUR GOVT. FOR WHOM THEY ARE SERVING THE COUNTRY…THE MASSES OR THE AMBANIS…ADANIS…TATAS …BIRLAS??????
MR.MEHTA, ASK YOUR FINANCE MINISTER AS TO WHY DEFAULTERS LIKE MEHUL…NIROV…VIJAY AND MANY MORE THIEVES OF THIS COUNTRY WERE NOT APPREHENDED TILL NOW !1 ASK YOUR FM IT IS BUSINESS FIRST OR PEOPLE’S LIVES !! ASK YOUR GOVT. FOR WHOM THEY ARE SERVING THE COUNTRY…THE MASSES OR THE AMBANIS…ADANIS…TATAS …BIRLAS??????