Search result for 'financial distress'

RBI Deputy Governor stresses empathy for distressed MSMEs, urging lenders to adopt fair practices and digital solutions to address credit gaps.

Real estate bodies welcome Rs 15,000 crore fund for stalled projects in Budget 2025, but urge for more measures to boost affordable housing and home loan exemptions.

India's Economic Survey highlights the importance of an efficient insolvency framework for achieving 7-8% growth. It recommends measures like faster resolution processes and deterring frivolous...

Former Union Minister Suresh Prabhu calls on the government to provide prompt compensation to farmers in Ratnagiri and Sindhudurg districts of Maharashtra who have suffered crop damage due to heavy...

TMC MP Sukhendu Sekhar Ray urges PM Modi to intervene in the jute crisis, citing plummeting prices, inadequate procurement, and industry apathy. The crisis affects lakhs of farmers and mill workers.

India's Insolvency & Bankruptcy Code (IBC) has helped settle Rs 10.2 lakh crore in defaults since 2016, with real estate companies accounting for a significant portion. The IBC has also enabled...

Religare Finvest, under RBI's watch, is poised to resume operations soon. The company awaits approval following completion of regulatory inspections and a successful debt restructuring.

The Insolvency and Bankruptcy Board of India (IBBI) has amended norms related to insolvency resolution process for personal guarantors and voluntary liquidation process. The changes aim to...

India's power and renewable energy sectors have attracted Rs 16.93 lakh crore investment since 2014, with another Rs 17.05 lakh crore in the pipeline. New rules aim to boost growth and energy...