India Hot Topics
SBI Seeks Promoter Guarantee, Share Pledge For Non-Personal Loan Recast
State Bank of India will seek either a personal guarantee from promoters or pledge of listed shares as part of its process of restructuring non-personal loans. India’s largest lender detailed its rules for such restructuring on Sept. 21, which the Reserve Bank of India permitted without a downgrade in classification of the loan to non-performing. A list of benchmarks have been provided by an RBI-appointed committee on restructuring of loans in individual industries.
Banks, however, have also been asked to frame board level policies for the upcoming restructuring. In a set of frequently asked questions issued, SBI said additional security would need to furnished in the case of restructuring.
The lender also said that an upfront processing fee of 0.25% of the aggregate loan amount would be charged. For term loans and working capital loans, among others, the interest cost would be raised by 100 basis points over the existing rate for working capital loans.
In the case of any additional loan facilities, SBI will ask promoters to contribute capital infusion of 10- 15% of the fresh sanctions. The bank will also retain a right of recompense for any concessions provided during the period. The framework isn’t applicable to personal loans and MSME borrowers with loans up to Rs 25 crore. Restructuring schemes for those categories fall under a separate set of rules, SBI said.
Read More At : BloomsBerg
Haryana
Delhi Weather and AQI Today: Warm start at 22.05 °C, check weather forecast for October 22, 2024
Check the weather forecast and air quality updates for Delhi on October 22, 2024 here.
The temperature in Delhi today, on October 22, 2024, is 32.93 °C. The day’s forecast indicates a minimum and maximum temperature of 22.05 °C and 35.04 °C, respectively. The relative humidity is 26% and the wind speed is 26 km/h. The sun rose at 06:26 AM and will set at 05:44 PM.
Tomorrow, on Wednesday, October 23, 2024, Delhi is predicted to experience a minimum and maximum temperature of 27.42 °C and 34.91 °C, respectively. Tomorrow humidity levels will be at 20%.
With temperatures ranging between 22.05 °C and 35.04 °C, prepare for a hot day and plan outdoor activities accordingly. If you are sensitive to heat, take note of the weather forecast and consider appropriate attire and activities suitable for the prevailing weather.
The AQI in Delhi today stands at 334.0, falling in the very poor category. Everyone should be cautious. Children and people with respiratory diseases, such as asthma, should stay indoors and others should also limit their outdoor activities. Usage of masks and air purifying devices is advised. Being aware of the AQI helps one make informed decisions regarding one’s overall well-being while planning the day’s activities.
Weather and AQI predictions in Delhi for next 7 days:
Date Temperature Sky October 23, 2024 32.93 °C Sky is clear October 24, 2024 32.69 °C Sky is clear October 25, 2024 32.5 °C Sky is clear October 26, 2024 32.07 °C Sky is clear October 27, 2024 30.69 °C Sky is clear October 28, 2024 31.29 °C Sky is clear October 29, 2024 32.09 °C Sky is clear
Weather in other cities on October 22, 2024
Group Media Publications
Entertainment News Platforms – anyflix.in
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
General News Platform – https://ihtlive.com/
Delhi Weather and AQI Today: Warm start at 22.05 °C, check weather forecast for October 22, 2024
KL Rahul dangerously close to Laxman territory; to be perished for Sarfaraz Khan and Shubman Gill
Husband Mark Zuckerberg fulfils ‘disco queen’ Priscilla Chan’s demand for a party and how
Prince Narula and Yuvika Chaudhary share first pic with newborn daughter from hospital. See post
Diwali 2024 calendar: When is Diwali, Dhanteras? Know all about 5 days of festival of light
Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025
The main target now is to get the right players in: Fulton
How to stay fit during Diwali 2024: Diet tips, easy workouts, tricks to manage stress during the festive season
Aamir Khan likely to be part of Anurag Basu’s biopic on Kishore Kumar, is ‘fascinated’ by filmmaker’s approach: Report
‘My support will be with new J&K govt’: L-G Manoj Sinha ahead of Omar Abdullah’s oath-taking ceremony
.jpg "New BJP government to take oath in Haryana on Oct 17, PM Modi to attend")
New BJP government to take oath in Haryana on Oct 17, PM Modi to attend
Score for the third day of the first test between India and New Zealand: Ravindra-Southee crushes IND, NZ leads by 299 at lunch
Prince Narula and Yuvika Chaudhary share first pic with newborn daughter from hospital. See post
Massive data breach at Game Freak studios reveals shocking new dark Pokemon movie plot
.jpg "Navratri special | Puja pandals in Lucknow ready to welcome Maa Durga")
Navratri special | Puja pandals in Lucknow ready to welcome Maa Durga
BCCI avoided a costly Umran Malik mistake by using Mayank Yadav as pacer peppers speedguns on debut.
%20(3).jpg "Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise")
Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise
.jpg "Sena vs Sena showdown in Mumbai on Dussehra as poll fever rises")
Sena vs Sena showdown in Mumbai on Dussehra as poll fever rises
The anime Tokyo Revengers is back with a sequel: view the promotional trailer
Deadpool and Wolverine might shatter box office records, which would be unprecedented for an R-rated film.
Review of Bridgerton Season 3 Part 2: Nicola Coughlan excels in the most intricate and captivating season to date
Kartik Aaryan Gives a Career-Defining Performance in Chandu Champion First Review; An Excellent Biopic
Watch the trailer for Kota Factory 3 here. Fans of Jeetu Bhaiya say they’re not ready for it to end.
Kartik Aaryan on overcoming the label of “outsider”: It will remain with me, and that is alright with me.
When Does Vishwak Sen’s Film Gangs of Godavari OTT Come Out? What Platform Does It Come Out On?
Review of Gullak 4: A lovely, sentimental, and somewhat mature reunion of the Mishra family
Heli Daruwala discussing her role as Geet in Undekhi 3.
-
india2 weeks ago
‘My support will be with new J&K govt’: L-G Manoj Sinha ahead of Omar Abdullah’s oath-taking ceremony
-
Politics3 weeks ago
New BJP government to take oath in Haryana on Oct 17, PM Modi to attend
-
Sports2 weeks ago
Score for the third day of the first test between India and New Zealand: Ravindra-Southee crushes IND, NZ leads by 299 at lunch
-
TV2 weeks ago
Prince Narula and Yuvika Chaudhary share first pic with newborn daughter from hospital. See post
-
Entertainment.2 weeks ago
Massive data breach at Game Freak studios reveals shocking new dark Pokemon movie plot
-
india4 weeks ago
Navratri special | Puja pandals in Lucknow ready to welcome Maa Durga
-
spotlight4 weeks ago
BCCI avoided a costly Umran Malik mistake by using Mayank Yadav as pacer peppers speedguns on debut.
-
Business3 weeks ago
Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise