Hours after the Reserve Bank of India (RBI) extended the moratorium on repayment of loans for three months on Friday, Union minister Hardeep Singh Puri said this step will offer relief to aviation ...

MUMBAI (Reuters) - Lenders have told the Reserve Bank of India (RBI) that risks to asset quality from the aviation sector have reduced, Governor Duvvuri Subbarao said on Tuesday at a post-policy media ...

New Delhi, May 15: The Reserve Bank on Tuesday eased overseas borrowing norms to allow companies access to cheaper funds for key infrastructure sectors."The RBI has extended the external commercial ...

Finally, airlines with huge debt burden have got some relief from the Reserve Bank of India (RBI) - The bank will no longer consider restructured loans of airlines as non-performing assets. Most of ...

Banks have disagreed with Reserve Bank of India (RBI) on how to reduce the burden of their exposure to the stressed aviation companies. While bankers prefer referring these loans, a bulk of which ...

The RBI has sent a communication to the banks with regard to debt restructuring for airlines, banking sources said. “The RBI has allowed banks to restructure loans. We will look at the viability of ...