Latest News on Stressed assets
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Stressed assets - Total results - 29
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
May 30, 2017
Indian banks' bad loans may rise to 15% by Mar 2018, credit profile unlikely to improve in next 1 year: S&PIndian banks' credit profiles are unlikely to improve over the next 12 months, said S&P Global Ratings
May 30, 2017
Bank loan stress: 50 corporate loan accounts under close govt watch, says reportThe bank loans under scanner include those that have become NPAs and also those restructured as of December 2016
May 29, 2017
Air India selloff: To avoid a 2001 redux, govt needs strong political will, savvy financial strategyCivil Aviation Minister A Gajapathi Raju said earlier this month that the airline itself has been asked to suggest a roadmap for its future
May 10, 2017
NPA ordinance: Letting RBI fight NPA battle is no solution; privatise weak PSBs before time runs outIf the Narendra Modi-government is serious in its intent to save ailing state-run banks, it should look for radical reform steps to save the banks and initiate the privatisation process without delay.
May 08, 2017
Sensex ends with modest gains in listless trading, Nifty tops 9,300-markThe weekend rally on the Wall Street on strong US jobs report and pro-European centrist Emmanuel Macron's victory in the French presidential election kept vibes positive