Latest News on Bad Bank
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Bad Bank - Total results - 11
Jul 23, 2018
Bad loans crisis: Nearly 24 lenders sign new NPA resolution framework under Project SashaktICA to aid banks, financial institutions fighting bad loans that are sniffing at 12 percent of the system, to take concerted efforts towards resolving dud loans under Rs 500 crore.
Jul 03, 2018
Project Sashakt: Creating a bigger bad asset market is a good idea; but who will do the bankrolling?Project Sashakt's success hinges on the Modi government's ability to push out a scheme that can generate sufficient investor interest.
Jun 29, 2018
NPA crisis: Panel on bad bank to submit report shortly, says SBI chief Rajnish KumarState Bank of India (SBI) chairman Rajnish Kumar, who is a member of the panel formed to give recommendations for setting up a state-run bad bank, on Thursday said they will soon submit the report to the finance ministry
Jun 28, 2018
NPA crisis: Govt not in favour of bad bank, public sector ARC; says IBC can deal with sour loansThe formation of a bad bank will be a bigger burden on taxpayers, already helping the Centre recapitalise PSBs
Jun 13, 2018
NPA crisis: Industry body CII favours 'bad bank' idea, says cleanup of books vitalIndustry body CII on Tuesday said it supports the 'bad bank' idea mooted by interim finance minister Piyush Goyal, while stressing that banks' balance sheets need cleanup before the start of a new credit cycle
Jun 11, 2018
NPA crisis: Bad bank would work at cross purposes with the nascent but arguably more effective IBCHow can creation of an official asset reconstruction company make a dent into the problem of NPA especially when we have Insolvency and Bankruptcy Code 2015 already seized of the problem.
Mar 17, 2017
PM Narendra Modi revisits economic reform agenda after landslide election winArmed with a new mandate as a champion of the poor, Modi still faces a struggle to implement reforms to boost growth and jobs in Asia's third-largest economy, say experts.
Mar 15, 2017
FM Jaitley says trouble in large corporates the root cause for bad loan mess in banksJaitley said that the core problem of NPAs was with "very large corporates", predominantly in the steel, power, infrastructure and textile sectors
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".
Jun 07, 2016
Banks taking majority stake in stressed-debt funds unwarranted, says RBI's RajanThe Indian government is looking for ways to reduce banks' distressed debt pile of $120 billion, or 11.5 percent of all loans