Latest News on Stress Assets
Showing of 0 - 10 from 34 results
Stress Assets - Total results - 34
Jan 22, 2018
Banks' gross NPAs may rise to Rs 9.5 lakh cr by March since last year: Assocham-Crisil studyWith banks expected to make higher provisioning over and above provisions made for stressed assets, they may sell assets at lower discounts, says report
Jan 04, 2018
Recapitalisation plan: Govt to infuse Rs 7,577 cr in 6 weak state-run banks under Indradhanus planFinance Minister Arun Jaitley in Oct had announced an unprecedented Rs 2.11 lakh crore recapitalisation road map to strengthen PSBs
Dec 29, 2017
As LS passes insolvency amendment bill, Arun Jaitley says defaulters can bid for firms on certain conditionsBill seeks to replace an ordinance promulgated in Nov to prevent unscrupulous persons from misusing provisions of Insolvency and Bankruptcy Code
Dec 11, 2017
FRDI Bill: Arun Jaitley alleys fears about bail-in provision, says govt will fully protect public depositsThe draft FRDI Bill empowers Resolution Corporation to cancel liability of a failing bank or convert nature of liability.
Dec 06, 2017
Rs 2.11 lakh crore recapitalisation package will also strengthen PSU banks' balance sheets: Urjit PatelIn October, govt announced Rs 2.11-trn recapitalisation or capital infusion into NPA-hit public sector banks over next two years
Nov 24, 2017
Insolvency code tightened: President okays ordinance, barring defaulters from bidding for stressed assetsThe amendments aim to keep-out such persons who have wilfully defaulted, are associated with non-performing assets, or are habitually non-compliant and, therefore, are likely to be a risk to successful resolution of insolvency of a company.
Nov 23, 2017
SBI chief: Insolvency & Bankruptcy Code Ordinance to have no impact on valuation of assets under resolutionNew insolvency law will make ineligible those who have their accounts classified as non-performing assets for one year or more
Oct 18, 2017
Axis Bank net jumps 38% on lower base; asset quality worsens with Rs 8,936 cr fresh slippagesThe third largest private sector lender also warned of more pressure on the asset quality side in the remaining quarter of the fiscal saying the second half will continue to be challenging.
Sep 14, 2017
NPAs to touch 10.5% by March as banks recognise entire stressThe 9.5 percent NPA figure for March 2017 includes only two-thirds of the overall stressed assets, Crisil said
May 31, 2017
S4A Plan: Banks want RBI to waive promoters personal guarantee, ask for fresh moratoriumBankers said many of the companies are into stress for the reasons beyond their control and so the promoters may find it difficult to pledge their personal guarantees