NZ Vs IND | 1st Test Feb 21, 2020
IND 92/2 (35.5)
BAN Vs ZIM | One-off Test Feb 22, 2020
ZIM 246/9 (101.1)
Latest News on Arcs
Showing of 0 - 10 from 10 results
Arcs - Total results - 10
Feb 19, 2019
NPA issue: Will RBI's 12 February circular help expedite bad loan recovery? Signs indicate it is on right pathThis smorgasbord of schemes didn’t even dent the NPA problem. The mountain just kept piling up until it reached 11 percent of total bank assets.
Jan 29, 2019
Supreme Court verdict on IBC: Indian banks’ fight against bad loans has just got a thumbs-up from judiciaryThe intent and purpose behind the enactment of the IBC was to pave the way for expeditious resolution of the burgeoning pile of non-performing assets in the financial sector.
Dec 03, 2018
State Bank of India to sell 3 bad loan accounts to recover Rs 2,111 crore dues; e-auction on 13 DecemberEarlier on 22 November, State Bank of India held e-auction of 11 NPA accounts that had outstanding dues of Rs 1,019 crore towards the bank.
Oct 10, 2018
Rs 45,000 crore NBFC loan portfolio buyout: Is State Bank of India being cast in role of knight in shining armor?The SBI is not an asset reconstruction company (ARC) so as to be scouting for receivables that it can buy at a bargain price.
Sep 18, 2018
State Bank of India to sell 8 NPAs to recover dues worth over Rs 3,900 cr; invites bids from ARCs, FIsSBI has asked the interested ARCs/FIs to conduct the due diligence of these assets with immediate effect after submitting expression of interest and executing a non-disclosure agreement with the bank.
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
Feb 22, 2017
Idea of bank to tackle bad loans gaining traction: CEA Arvind SubramanianVarious proposals are being brought to forefront, Arvind Subramanian said, adding, "there is a need to get that (bad bank) thing quickly".
Sep 02, 2016
Why RBI prosposals on stressed assets may not workThe RBI is jumping from fire to frying pan by allowing one public sector bank to buy other public sector bank's stressed assets
Jun 08, 2016
Why insolvency code and not stressed-assets funds can help banks fix bad loan woesIndia has had so far as many as 12 ARCs in operation, with none of them registering even a modicum of success in arresting the problem of NPA
Aug 17, 2014
New RBI norms to help orderly development of ARCs, predict analystsThe RBI hiked ARC's investments in securities receipts by three-fold to 15 per cent.