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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. Until now, banks were typically not lending beyond 10-12 years. As a result, cash flows of infrastructure firms were stretched as they tried to meet shorter repayment schedules. 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. The SDR scheme which was introduced by the RBI in June 2015 thus helps banks recover their loans by taking control of the distressed listed companies. The SDR an initiative can be taken by the group of banks or JLF that have given loans to the particular defaulted entity. Scheme for Sustainable Structuring of Stressed Assets (S4A) -a distressed company to be eligible for S4A, the RBI has laid down three conditions. The project must be operating and already generating cash. The total loans to the entity should be ₹500 crore or more. The lending banks are required to hire an independent agency to evaluate how much of the debt is ‘sustainable’. For the loan to be eligible for S4A, at least 50 per cent of it should be ‘sustainable’. 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.
Select the Venn diagram that best illustrates the relationship between the following classes.
Electrical Appliance, Refrigerator, Freezer
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Select the set in which the numbers are related in the same way as are the numbers of the following sets.
(NOTE : Operations should be performe...
‘Track’ is related to ‘Athlete’ in the same way as ‘Classroom’ is related to ‘______’.
A person starts from point Z and moves 7 km towards the South. He turns right and moves 5 km, turns right, and moves 3 km, then turns right and moves 1 ...
Which of the following numbers will replace the question mark (?) in the given series?
108, 99, 88, ?, 60, 43
Study the given pattern carefully and select the letter from among the given options that can replace the question mark (?)
Who sits at the extreme right end of the row?
Two statements A and B are given. There may be a cause-and effect relationship between the two statements. These two statements may be the effect of the...
Select the option that is related to the third term in the same way as the second term is related to the first term.
Srilanka : Island :: India : ?