Kamath Committee report may force ferrous and non-ferrous firms to iron out loan-rejig challenges

Steel2-Cold-Rolling-MIll-ArcelorMittal-employee-at-work-Gent-Belgium.jpg

The K V Kamath Committee report has identified 26 sectors, including ferrous and non-ferrous, impacted by the pandemic for a loan restructuring scheme to be rolled out by banks and non-banking financial companies. The committee has identified five key ratios with different limits across sectors as a threshold for implementing a resolution plan. The five key ratios […]

Read more