K V Kamath Committee Upsc
The committee was tasked to recommend parameters for one time restructuring of corporate loans.
K v kamath committee upsc. Chakrabarty committee created to study the financial condition of the regional rural banks kelkar committee 2002 created to reform the tax structure khusro committee. Total outside liability adjusted tangible net worth. Rbi had on august 7 2020 announced the constitution of an expert committee under the chairmanship of k v.
September 8 2020 the reserve bank have accepted the recommendations of the kv kamath committee on resolution framework for covid19 related stress which was submitted by panel on september 4 2020. The reserve bank of india rbi on friday set up an expert committee under veteran banker k v kamath to suggest financial parameters for resolution of coronavirus related stressed assets. The reserve bank of india rbi has set up a committee headed by k v.
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. Kamath to make recommendations on norms for the the other members. The five ratios listed by the committee are.
Recommendations made by the committee. The committee will submit its recommendations to the rbi which will notify them along with modifications if any in 30 days. Kamath committee s recommendations to rbi the reserve bank of india rbi on 4th sept set up a 5 member expert committee under banker k v.
In august this year rbi set up a committee headed by k v. Kamath to make recommendations on the required financial parameters to be factored in the resolution plans under the framework. Kv kamath committee recommends 26 sectors for loan restructuring scheme published.
The reserve bank of india rbi on monday released a report by the k v kamath committee which was formed to make recommendations on the required financial parameters to be factored in. K v kamath panel created to study msme sector k. Kamath on restructuring of loans impacted by the covid 19 pandemic.
