By Rajeev Jhawar (finserv@vinodkothari.com) During the past five years, the Government of India has been working stalwartly towards achieving the vision of Digital India, that aims to transform India through the power of technology and bridge the digital divide. Other programs like Start-up India, Stand-up India and Skill India were designed to become a significant […]
Sound Principles are vital if the industry has to sustain and survive the occasional rough weather. By Rajeev Jhawar (finserv@vinodkothari.com) Prior to the Global Financial Crisis (GFC) of 2007-2008, the concerns about sound mortgage lending were largely lender-based. However, the GFC demonstrated how an exuberance on the part of lenders in trying to achieve ambitious […]
One-time restructuring of stressed MSME accounts By Simran Jalan (simran@vinodkothari.com) Introduction The Non-Performing Asset (NPA) rates in the Micro, Small and Medium Enterprises (MSMEs) segment have remained stable and range bound. In the Micro segment the NPA rate has moved from 8.9%[1] in March, 2017 to 8.8% in March, 2018. In SME segment, the NPA rate […]