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Parade of Fed Officials Discuss Outlook for Interest-Rate Cuts

Parade of Fed Officials Discuss Outlook for Interest-Rate Cuts By James Christie

Good day. Federal Reserve Vice Chair Philip Jefferson said on Thursday he expects the central bank will be able. ....

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Pre-pack insolvency resolution adoption among MSMEs seems to be relatively muted: RBI's Shaktikanta Das - SME News

Pre-pack insolvency resolution adoption among MSMEs seems to be relatively muted: RBI's Shaktikanta Das - SME News
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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'DFS played a crucial role in improving bank asset quality in 2023'

'DFS played a crucial role in improving bank asset quality in 2023'
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Wilful default: RBI to tweak rules to give lenders flexibility in handling cases

The Reserve Bank of India (RBI) is considering making in-person hearings with borrowers mandatory for lenders dealing with potential wilful defaulters, in an effort to increase chances of recovery at an early stage. ....

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Wilful defaults rise to Rs 3.53 lakh crore, to spike further

On June 8, 2023, the RBI said in a circular that banks can undertake compromise settlements or technical write-offs in respect of accounts categorised as wilful defaulters or fraud without prejudice to the criminal proceeding underway against such debtors. ....

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