K V Kamath Committee Report on Resolution Framework for Covid-19 Related Stress
- On 7th September, 2020,the Reserve Bank of India (RBI) released a report by the K V Kamath Committee which was formed to make recommendations on the required financial parameters to be factored in the resolution plans under the ‘Resolution Framework for Covid-related Stress’,along with sector specific benchmark ranges for such parameters.
Key Observations
- It noted that corporate sector debt worth Rs 15.52 lakh crore has come under stress after Covid-19 hit India, while another Rs 22.20 lakh crore was already under stress before the pandemic.
- This effectively means Rs 37.72 crore (72% of the banking sector debt to industry) remains ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Gross Domestic Knowledge Product: Redefining India’s Knowledge Economy
- 2 Rapid Growth of AI: Implications for the Environment
- 3 India and Qatar: A New Era of Collaboration
- 4 2025: The Year of Defence Reforms
- 5 Gender-Inclusive Agritech: Empowering Women Farmers
- 6 Quantum Economy: Redefining Economic Landscapes
- 7 PwDs in India: Challenges and Empowerment Initiatives
- 8 India State of Forest Report 2023: Gains and Concerns
- 9 Groundwater Contamination in India: An Emerging Challenge
- 10 G20 Rio de Janeiro Leaders' Declaration: Towards Resilient & Inclusive Global Growth
