Start learning 50% faster. Sign in now
The 5:25 scheme allows banks to extend long-term loans of 20-25 years to match the cash flow of projects, while refinancing them every 5 or 7 years. Under SDR, banks who have given loans to a corporate borrower gets the right to convert the full or part of their loans into equity shares in the loan taken company. While RBI’s earlier ideas to resolve bad loans such as Strategic Debt Restructuring (SDR) required banks to oust existing promoters, S4A allows the incumbent management to continue, as long the default isn’t wilful. Prompt Corrective Action is a system of RBI under which it can initiate a corrective action in case of a bank which is found to be having low capital adequacy or high Non-performing Assets. These are called Trigger Points. RBI takes such action when Capital Adequacy Ratio goes down to less than 9% and Non-Performing Assets go up to more than 10%. Further, if return on assets us below 0.25%; this also serves as a trigger point to Prompt Corrective Action.
As per the Horticulture report 2015, which State in India is the largest producer of Mango, in terms of absolute production value?
The 40th edition of "Hunar Haat", a platform to preserve, protect and promote local artisans and craftsmen, was inaugurated by the Union minister Anurag...
The new type of loans launched by Maharashtra State Co-operative bank for the prisoners to provide a loan amount upto Rs _______ naming it ‘Khavti...
Which country was among the major sources of FDI inflows to India between April and July 2024?
Which state government recently approved a new industrial and EV policy for the state?
Which edition of the Joint Military Training (JMT) between the Indian Air Force (IAF) and the Republic of Singapore Air Force (RSAF) began at Kalaikunda...
What does HCL Technologies' signing of the EU AI Pact signify?
India discussing settling non-oil trade in Rupees from which of the following gulf country?
What unique adaptation phenomenon, characterized by traits like dwarfism or gigantism, is associated with island-dwelling species?
Sanket Mahadev Sargar won the gold medal in the Men's ___kg snatch category at the ongoing Commonwealth Weightlifting Championships 2021 in Tashkent.