Sops for additional lending by banks
Lenders stepping in place of their peers to provide additional funding in resolution plans will get priority to cash flows, according to the operational guidelines of the inter-creditor agreement (ICA). It will give banks which are ready to offer additional funding over what is pro rata, priority charge on the cash flows and assets of a borrower. Read more
Modicare still in making two days before launch
The government has advanced the launch of Ayushman Bharat, renamed Pradhan Mantri Jan Arogya Abhiyan (PMJAY), by two days as Prime Minister Narendra Modi