Arcs
Recent Highlights
All Stories for Arcs
State Bank of India to sell 8 NPAs to recover dues worth over Rs 3,900 cr; invites bids from ARCs, FIs
•SBI 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.
Banks' gross NPAs may rise to Rs 9.5 lakh cr by March since last year: Assocham-Crisil study
Ians •With banks expected to make higher provisioning over and above provisions made for stressed assets, they may sell assets at lower discounts, says report
Idea of bank to tackle bad loans gaining traction: CEA Arvind Subramanian
•Various proposals are being brought to forefront, Arvind Subramanian said, adding, "there is a need to get that (bad bank) thing quickly".
Why RBI prosposals on stressed assets may not work
Muralidharan •The RBI is jumping from fire to frying pan by allowing one public sector bank to buy other public sector bank's stressed assets
Why insolvency code and not stressed-assets funds can help banks fix bad loan woes
Smurlidharan •India 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
New RBI norms to help orderly development of ARCs, predict analysts
Fp Archives •The RBI hiked ARC's investments in securities receipts by three-fold to 15 per cent.<br />