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Start-up funding: Lenders looking for separate liquidity window from RBI

Start-ups facing liquidity crunch could get access to funds

Uttar pradeshSunil mehtaNirmala sitharamanIndian bank associationCredit suisseFund of fundsNational credit guarantee trustee company ltdDepartment for promotion of industryFinance minister nirmala sitharamanEexecutive sunil mehtaGuarantee schemeInternal tradeAlternative investment fundsStart ups facing liquidity crunchStart upsReserve bank of india

Nirmala Sitharaman 45th GST Council Meeting Key Points

Nirmala Sitharaman 45th GST Council Meeting Key Points
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Nirmala sitharamanSunil mehtaAjit krishnan nairNirmala sitharaman press conferenceGovernor of the reserve bankBad bank planBad bank doBad bankCanara bankIndian bank associationFm announces outlay of bad bankAsset reconstruction companyNational asset reconstruction company limitedRegistrar of companiesAsset management companyIndia debt resolution company

IBA moves RBI seeking licence to set up Rs 6,000-cr bad bank

IBA moves RBI seeking licence to set up Rs 6,000-cr bad bank
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Nirmala sitharamanSunil mehtaAjit krishnan nairAsset management companyCanara bankIndian bank associationAsset reconstruction companyNational asset reconstruction company ltdRegistrar of companies roReserve bankState bankEexecutive sunil mehtaManaging directorss nairChief general manager ajit krishnanMinister nirmala sitharamanAsset reconstruction company limited

India s Bad Bank Nearer To Fruition: IBA Moves RBI Seeking Licence To Set up ₹6,000-crore National Asset Reconstruction Company

India s Bad Bank Nearer To Fruition: IBA Moves RBI Seeking Licence To Set up ₹6,000-crore National Asset Reconstruction Company
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Nirmala sitharamanSunil mehtaPadmakumar madhavan nairAjit krishnan nairNational asset reconstruction companyCanara bankIndian bank associationPunjab national bankNational asset reconstruction company ltdUnion bankReserve bankUnion finance minister nirmala sitharamanState bankEexecutive sunil mehtaManaging directorss nairChief general manager ajit krishnan

IBA to soon move application to RBI for setting up Rs 6,000-cr bad bank

IBA to soon move application to RBI for setting up Rs 6,000-cr bad bank SECTIONS Last Updated: Jul 18, 2021, 12:45 PM IST Share Synopsis With registration of the company, the process for putting an initial capital of Rs 100 crore is on as per the guidelines, the sources said adding that the next step will be audit and then move application to the RBI seeking licence for the asset reconstruction company. Agencies The proposed NARCL would be 51 per cent owned by PSBs and the remaining by private sector lenders. Having secured licence from the Registrar of Companies, the Indian Banks Association (IBA) will soon move an application to the Reserve Bank of India (RBI) to set up a Rs 6,000-crore National Asset Reconstruction Company Ltd (NARCL) or bad bank, according to sources.

Nirmala sitharamanSunil mehtaAjit krishnan nairAsset management companyCanara bankIndian bank associationAsset reconstruction companyNational asset reconstruction company ltdRegistrar of companiesReserve bankEexecutive sunil mehtaManaging directorss nairChief general manager ajit krishnanMinister nirmala sitharamanReconstruction company limitedSwiss challenge