Tags Posts tagged with "Joint Lenders Forum"

Tag: Joint Lenders Forum

Centre assessing PSU banks’ recapitalisation needs

The government is re-assessing recapitalisation requirement of the State-owned banks reeling under stressed assets worth Rs 6 lakh crore with stricter norms, a key official...

Banks can now take control of distressed firms

The Reserve Bank of India has notified that banks can convert existing debt into equity resulting in 51% or more stake in a distressed...