Champions Trophy: Fans hope for mouth-watering India vs Pakistan final

Champions Trophy: Fans hope for mouth-watering India vs Pakistan final

Champions Trophy: Fans hope for mouth-watering India vs Pakistan final

Everyone knows that cricket is a game of uncertainties and no one can predict the outcome. Although it is a very remote possibility, cricket teams from India and Pakistan are hoping that South Asian neighbors will compete for the Champions Trophy final in the Sunday oval. Of course, both sides have to overcome serious semi-finals before thinking about this tender dreams.

Before India compare Bangladesh during the last four meetings in Birmingham on Thursday, Pakistan’s fate have already been decided, while he was against England a day earlier – Wednesday in Cardiff.

If Pakistan is able to traverse guests throughout the Asian subcontinent and, of course, the legion of worldwide followers, will aggravate enthusiasm, as you can expect India to get the best of unpredictable Bangladesh.

India
Although they have faced 15 times in ICC-organized events – there was only one moment when India and Pakistan met in the final – at the first T20 World Championships in Johannesburg 2007, when India got the Neck cliff for five shots with Misbah-ul-Haq play the now infamous scoop only to be captured by Sreesanth, to the delight of Indian fans.

Overall, India has won six games against Pakistan in the World Cup, five out of five in the T20 world (including a bowl out after a draw) and two out of four in the Champions Trophy – an overwhelming 13 of 15 games to date. With such an overwhelming track record, Indian fans would prefer that India take on Pakistan instead of England in the title clash.

Overall, India has won six games against Pakistan in the World Cup, five out of five in the T20 world (including a bowl out after a draw) and two out of four in the Champions Trophy – an overwhelming 13 of 15 games to date. With such an overwhelming track record, Indian fans would prefer that India take on Pakistan
Indigenous Indian supporters have already begun to post comments such as: “If Pakistan comes ultimately to the final against India, remember that June 18 is Father’s Day.” Whether or not Pakistan, supporters of India are already preparing for the final on June 18, convinced that their team is strong enough to overcome Bangladesh.

A stronger team English
But they are aware that England is the master in the conditions of the house and should be an extraordinary effort to thwart Indian oval Sunday breakfast.
The English team as Eoin Morgan pattern is very different from what India defeated in the final of the last Champions Trophy in Edgbaston in 2013.

MS Dhoni was then the captain of India and is now one of the smaller boys of Virat Kohli. On the other hand, Morgan was a player and now he is the captain.

As the two captains follow the mantra of the brave and aggressive cricket, most experts predicted that the final Anglo-India, which could materialize to dismay fans in Pakistan and Bangladesh.

Bank Audit Special Regulatory Treatment for Asset Classification

Reserve Bank of India has stipulated special regulatory frame work for asset classification, in modification to guidelines as enumerated in para 6 above. This special treatment will be available to the borrowers engaged in important business activities, subject to compliance with certain conditions as enumerated herein and is not extended to the following categories of advances:

  1. Consumer and personal advances;
  2. Advances classified as capital market exposures;
  • Advances classified as commercial real estate exposures

Thus benefit of special regulatory frame work would be available subject to compliance of conditions stipulated in the paragraph 7.1 below. If these conditions are not complied then guidelines as discussed in para 6 would apply to restructured accounts.

  • Elements of special regulatory framework

The special regulatory treatment has the following two components:

  • Incentive for quick implementation of the

restructuring package.

As an incentive for quick implementation of the package, if the approved package is implemented by the bank as per the following time schedule, the asset classification status may be restored to the position which existed when the reference was made to the CDR Cell or when the restructuring application was received by the bank.

  • Within 120 days from the date of approval under the CDR Mechanism.
  • Within 120 days from the date of receipt of application by the bank in other cases.
  • Retention of the asset classification of the restructured account in the pre­restructuring asset classification category Subject to the compliance with the

undernoted conditions in addition to the adherence to the prudential framework laid down in para 6 above,

  • An existing ‘standard asset’ will not be downgraded to the sub-standard category upon restructuring.
  • During the specified period, the asset classification of the sub-standard/doubtful accounts will not deteriorate upon restructuring, if satisfactory performance is demonstrated during the specified period.

These benefits will be available subject to compliance of the following conditions:

  1. The dues to the bank are ‘fully secured’ by tangible assets except in the following

cases:

  1. SSI borrowers, where the outstanding is up to ?25 lakh.
  2. Infrastructure projects, provided the cash flows generated from these projects are adequate for repayment of the advance, the financing bank(s) have in place an appropriate mechanism to escrow the cash flows, and also have a clear and legal first claim on these cash flows.
  3. The unit becomes viable in 8 years, if it is engaged in infrastructure activities, and in 5 years in the case of other units.
  • The repayment period of the restructured advance including the moratorium, if any, does not exceed 15 years in the case of infrastructure advances and 10 years in the case of other advances. The aforesaid ceiling of 10 years would not be applicable for restructured home loans; in these cases the Board of Directors of the banks should prescribe the maximum period for restructured advance keeping in view the safety and soundness of the advances.
  1. Promoters’ sacrifice and additional funds

Promoter’s personal guarantee should be obtained
in all cases of restructuring. Corporate guarantee
cannot be accepted as a substitute for personal
guarantee. However, the same can be accepted
in cases where promoters of a company are not
individuals.