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`Modi`s leadership offers chance to recast Indo-US ties`

Last Updated: Friday, May 16, 2014, 16:44

Washington: Pinning hopes on Narendra Modi to give a new elan to "disillusioned and rudderless" Indo-US ties, two influential American foreign policy experts have said his leadersip offers a chance to recast the bilateral relationship in a "more realist mode".

Loan recast has gone "out of control": RBI official

Last Updated: Saturday, November 16, 2013, 19:33

"Till March 2011, things were manageable. We had around Rs 1.1 lakh crore in recast loans, but now if you see, things are quite out of control. It has gone up to Rs 2.7 lakh crore," he said at the annual Bancon here.

Panel meet on Friday; to mull extending FRP deadline to June 30

Last Updated: Wednesday, April 03, 2013, 15:41

An inter-ministerial panel will meet on Friday to mull extending the deadline for the government's ambitious debt recast scheme to June 30 for the beleaguered power distribution companies.

Six states agree to debt recast plan of discoms: Scindia

Last Updated: Thursday, March 28, 2013, 15:42

Power Minister Jyotiraditya Scindia on Thursday said that as many as six states have come forward for the government's ambitious financial rejig plan of the state discoms.

Loan recast to peak next fiscal to touch Rs 3.12 trn: Care

Last Updated: Sunday, February 17, 2013, 15:32

Ratings agency Care has said loan restructuring will peak next fiscal to reach Rs 3.12 lakh crore if the latest Reserve Bank guidelines are accepted without any changes.

Higher provisions for recast loans not to have much impact: BoB

Last Updated: Friday, November 02, 2012, 19:46

The Reserve Bank's revised higher provisioning norms for restructured loans will not have much impact on Bank of Baroda, a top bank official said.

SEB loan recast: Moily says issues to be sorted out

Last Updated: Monday, October 15, 2012, 22:30

Union Corporate Affairs and Power Minister Veerappa Moily Monday said any issues pertaining to recent loan recast of the state distribution companies will be sorted out.

Cabinet Panel to discuss Air India Debt Recast Plan: Ajit Singh

Last Updated: Tuesday, March 27, 2012, 16:42

A panel of India's federal cabinet will discuss the debt restructuring plan of national carrier Air India Ltd. at its next meeting, Aviation Minister Ajit Singh said Tuesday.

AI crisis: Federal Bank doesn't see much impact on balance-sheet

Last Updated: Sunday, February 12, 2012, 13:50

Kochi-based private sector lender Federal Bank doesn't fear much impact on its balance-sheet due to the proposed debt restructuring of Air India.

RBI against special provisioning for debt recast

Last Updated: Wednesday, February 01, 2012, 23:33

The Reserve Bank on Wednesday ruled out any special dispensation on provisioning norms in case of debt recast, despite banks facing mounting bad assets across sectors.

GoM to meet on Tuesday to review AI's turnaround plans

Last Updated: Monday, January 16, 2012, 19:19

A Group of Ministers (GoM) is scheduled to hold a crucial meeting on Tuesday to critically review Air India's debt recast and turnaround plans and recommend to the Union Cabinet additional equity infusion in the ailing carrier.

Finmin rejects Air India debt recast plan: Report

Last Updated: Wednesday, December 28, 2011, 09:39

The govt has opposed the plan to recast debt of ailing state-run carrier Air India as it will force state-owned banks to take a big hit, a daily business newspaper reported on Wednesday, citing the financial services secretary.