RBI accepts Kamath Committee’s parameters on loan restructuring

The Reserve Bank of India(RBI) appointed expert committee on a resolution framework for bank loans stressed on account of the pandemic has outlined parameters to deal with 26 sectors effected by Covid-19. The findings of the committee have been accepted…

Inflows from P-notes continue to soar; Foreign Direct Investment ;Foreign Portfolio Investment

Investments through participatory notes (P-notes) in the domestic capital market soared to Rs 63,288 crore till the end of July. P-notes are, financial instruments, issued by registered foreign portfolio investors (FPIs) to overseas investors, hedge fund, who wish to invest in…