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Covid-19: Bankers favour a flexible loan revamp plan to help small borrowers


“No one is sure how the month of May will pan out,” said the source.
Amitabh Chaudhry, Managing Director and CEO, Axis Bank had said at the fourth-quarter results that he expects collections to be impacted in coming weeks due to the local lockdowns though they have been strong in the initial weeks of the fiscal year.
Yes Bank MD and CEO Prashant Kumar also said that till April 15, collection efficiency for the lender was at 96 per cent, but there would be some impact after that though data is not available.
The Finance Industry Development Council recently requested the RBI for restructuring stressed retail and individual borrowers of NBFCs whether or not they had sought it earlier. ....

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Nitin Potdar's GPS Paradigm: The Definitive M&A and JV Playbook – India Education,Education News India,Education News


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Mumbai: The GPS Paradigm for successful mergers, acquisitions & Joint Ventures, a unique inorganic growth roadmap designed and developed by renowned M&A Lawyer Nitin Potdar, Partner J. Sagar Associates, was released on April 6,2021 at the coveted Kainach International Forum by Dr. Gregory Leman, Founding Director of Baylor University Technology Entrepreneurship Initiative; Franz Kolb, Director of Trade and Diplomacy, Utah, USA; and Mukund Karanjikar, PhD, a visiting fellow in energy innovations ecosystem at Harvard University.
Nitin’s GPS Paradigm is for Business Founders, Leaders, Bankers, Finance Heads, Legal Professionals and Students. Dr. Leman observed on the occasion, “The pace of innovation demands new modes of operation across businesses. GPS is a singular work rooted in unflinching principles and saturated with enduring wisdom. As a mentor to change agents and their long-time fellow traveler, I highly recommend this fresh voice to anyone who, in the wor ....

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