Strengthen Loan Restructuring
Lenders ask Byju's to liquidate US assets to part-repay $1.2-bn loan
The company is seeking a restructuring of the loan, but it faced steep losses. Around this time, some activist investors bought some of the bonds
 "Lenders ask Byju's to liquidate US assets to part-repay $1.2-bn loan")
Expect Rs 6K-cr loans to be restructured: PNB MD & CEO Mallikarjuna Rao
Under restructuring 1.0, PNB received requests for restructuring Rs 11,000 crore in corporate, retail, and MSME loans.
 "Expect Rs 6K-cr loans to be restructured: PNB MD & CEO Mallikarjuna Rao")
Covid-19 second wave: Clamour for packages for banks and NBFCs grows
Senior bankers say the situation had become serious and it was tough to gauge the economic impact
 "Covid-19 second wave: Clamour for packages for banks and NBFCs grows")
Private banks may see NIMs dip in Q2FY21; loan restructuring roadmap eyed
Market participants would watch out for greater clarity on NPA recognition, loan restructuring roadmap, and credit costs for the rest of the year
 "Private banks may see NIMs dip in Q2FY21; loan restructuring roadmap eyed")
CV financiers: Favourable valuations, but unpredictable fundamentals
Positive management commentary from M&M Finance and Shriram Transport bodes well; sustenance is key
 "CV financiers: Favourable valuations, but unpredictable fundamentals")
Debt recast, demand pick-up to help overcome mismatch in cash flow: Ind-Ra
The rating agency said, "It expects capital market instruments to continue to be serviced, given the diversified nature of holdings and different class of investors"
 "Debt recast, demand pick-up to help overcome mismatch in cash flow: Ind-Ra")
Top headlines: Jio plans to roll out 100 mn phones; PUBG sheds China link
From Kamath panel recommendations to rating firms reworking their India FY21 GDP forecasts, here are top headlines this morning
 "Top headlines: Jio plans to roll out 100 mn phones; PUBG sheds China link")
Kamath panel recommendations: Implementation to be key, say hotel execs
Hospitality firms say banks should be willing to restructure
 "Kamath panel recommendations: Implementation to be key, say hotel execs")
Kamath panel has little impact on retail, media, food services: Experts
30-50% firms don't meet criteria; Analysts say large firms in these segments don't need loan recast due to the efficient manner in which many of them operate
 "Kamath panel has little impact on retail, media, food services: Experts")
Kamath Panel's 5 key ratios may make loan recast hard for small metal firms
Experts say a one-size-fits-all solution works against medium and small players in the ferrous and non-ferrous space
72% loans affected due to Covid-19, economic recovery improving: K V Kamath
Speaking about the loan restructuring, the chairman said that there will be complications, but "sure that bankers will take a considered decision to reach an equitable proposal"
 "72% loans affected due to Covid-19, economic recovery improving: K V Kamath")
FM Sitharaman to hold review meeting with lenders on loan recast scheme
Most state-owned bank execs expect 5-7% of their loan books will require restructuring
 "FM Sitharaman to hold review meeting with lenders on loan recast scheme")
Are you in financial trouble? Ask your bank to restructure your loan asap
Take your repayment capability and the extra interest cost involved when choosing a restructuring option
 "Are you in financial trouble? Ask your bank to restructure your loan asap")
Top Headlines: RBI puts rates on hold, FB lists India plan, and more
From RBI policy review, Facebook planning further expansion to Voda Idea reporting Q1 loss, here are the top news on Friday morning
 "Top Headlines: RBI puts rates on hold, FB lists India plan, and more")
Need to strengthen loan restructuring mechanism to tackle NPAs: MoS Finance
The ordinance authorises RBI to issue directions to initiate insolvency resolution process
 "Need to strengthen loan restructuring mechanism to tackle NPAs: MoS Finance")
