K V Kamath Committee Report
Kamath identified five financial parameters to gauge the health of sectors facing difficulties.
K v kamath committee report. The committee was tasked to recommend parameters for one time restructuring of corporate loans. 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. In august this year rbi set up a committee headed by k v.
In its report the five member panel led by k v. The committee has identified five key ratios with different limits across sectors as a threshold for implementing a resolution plan. The supreme court on monday asked the union government and the reserve bank of india rbi about the steps taken to implement the k v.
Total outside liability adjusted tangible net worth. The kv kamath committee along with members ashwin parekh divakar gupta ca t n manoharan sunil mehta recommended five financial ratios for the stressed 26 sectors for lenders to consider while finalizing resolution plans. Recommendations made by the committee.
Kamath to make recommendations on norms for the resolution of covid 19 related stressed loans. The panel led by veteran banker kv kamath recommended financial ratios for 26 sectors that lending institutions can follow while forming a resolution framework. Kamath committee report on recommendations to bail out sectors.
Kamath led committee released its report on monday web desk september 07 2020 23 38 ist. The five ratios listed by the committee are. 8 2020 the reserve bank of india rbi constituted an expert committee under the chairmanship of veteran banker k v.
