Note : There were no editorials in the Hindu on 29th May 2016.
Topic 1 : "Awash in red ink"
- Awash - covered with a liquid (here red ink)
- Red ink - * this is a slang term denoting a financial loss
- Regulatory - controlling
- Forbearance - the quality of being patient and self controlled
- Restructured - organized differently
- Pile - objects positioned one on top of another / a lot of something
- Stressed asset - an account where principal and/or interest remains overdue for more than 30 days
- Manifold - many and of several different types
- Provision - the action of providing or supplying something for use
- Sizeable - large
- Declines - to gradually become less / lower
- Plunge - to become lower in value or level very suddenly and quickly
- Non-performing assets - a loan for which the principal or interest payment remained overdue for a period of 90 days
- Parlance - a group of words or style of speaking used by a particular group of people
- Defaulted - to fail to do something, such as pay a debt, that you legally have to do
- Repayment - the action of paying back a loan
- Offing - likely to happen soon
- Overhauling - overtaking
- Inflicting - to force someone to experience something very unpleasant
- Evident - easily seen or understood
- For instance - for example
- Disclosure - the action of making new or secret information known
- Distress - a feeling of extreme worry, sadness, or pain
- Undergird - to strengthen or support (something) from below
- Cognisant - having knowledge or awareness
- Magnitude - the great size or extent of something
- Lock-step - agreeing completely with someone
- Autonomous - having the freedom to govern itself or control its own affairs
- Brief - a set of instructions given to somebody about a job or task
- Ensuring - to make something sure to happen
- Ring-fenced - guarantee that (funds allocated for a particular purpose) will not be spent on anything else
- Bankruptcy - a legal process involving a person or business that is unable to repay their debts
- Defaulter - someone who does not pay interest or other money that they owe
- Liquidation - to cause a business to close, so that its assets can be sold to pay its debts
- Backing - support
- Clutch - to take hold of something tightly
- Infusion - the act of adding one thing to another to make it stronger or better
- Fiscal - relating to government revenue, especially taxes
- Deficit - the amount by which something, especially a sum of money, is too small
- Underwrite - sign and accept that you are legally responsible for something (so guaranteeing payment in case loss or damage occurs)
