Today's Picks

Most Recent

LG to inaugurate 3rd Chinar Book Fest tomorrow

9-day event to feature 200+ publishers, book launchesSrinagar: Lieutenant Governor Manoj Sinha will inaugurate the third edition of the Chinar Book Festival at the...

Most Recent

Trending

EDIT-Oped

Jammu & Kashmir

Scientific waste management key to sustainable cities: CS

Reviews Achan WM facility SrinagarSRINAGAR, JULY 16: Chief Secretary Atal Dulloo Thursday visited the Achan Integrated Waste Management Facility to review Srinagar’s waste management infrastructure and assess the progress of key initiatives being implemented by the Srinagar Municipal Corporation (SMC) for scientific processing, treatment and environmentally sound disposal of municipal solid waste.The Chief Secretary was accompanied by Mandeep Kaur, Commissioner Secretary, Housing & Urban Development Department (H&UDD); Faz Lul Haseeb, Commissioner, Srinagar Municipal Corporation; Joint Commissioners of SMC and other senior officers.During the visit, the Chief Secretary conducted a comprehensive inspection of the facility and reviewed every critical component of Srinagar’s integrated solid waste management system. These included door-to-door waste collection, source segregation, transportation, scientific processing...

Opinion/ Interview/ Letters

BUSINESS

RBI bars banks from selling acquired stressed assets back to defaulters

Mumbai:  The Reserve Bank of India (RBI) has issued final prudential norms for banks, small finance banks (SFBs) and non-banking financial companies (NBFCs), barring them from selling specified non-financial assets (SNFAs) acquired during the resolution of stressed loans back to the defaulting borrower or its related parties. The amendments have been issued under the RBI's Resolution of Stressed Assets Directions 2026 for commercial banks, small finance banks and NBFCs. The new norms will come into effect from October 1, 2026. The RBI said, "A SNFA shall not be sold back to the borrower or its related parties. Related parties shall have the same meaning as defined in the Insolvency and Bankruptcy Code, 2016." SNFAs can...

More from categories