All Stories for Bad Bank
Bad loans crisis: Nearly 24 lenders sign new NPA resolution framework under Project Sashakt
• 7 years agoICA 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.
Project Sashakt: Creating a bigger bad asset market is a good idea; but who will do the bankrolling?
Dinesh Unnikrishnan123 • 7 years agoProject Sashakt's success hinges on the Modi government's ability to push out a scheme that can generate sufficient investor interest.
NPA crisis: Panel on bad bank to submit report shortly, says SBI chief Rajnish Kumar
• 7 years agoState 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
NPA crisis: Govt not in favour of bad bank, public sector ARC; says IBC can deal with sour loans
Fp Staff • 7 years agoThe formation of a bad bank will be a bigger burden on taxpayers, already helping the Centre recapitalise PSBs
NPA crisis: Industry body CII favours 'bad bank' idea, says cleanup of books vital
• 7 years agoIndustry 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
NPA crisis: Bad bank would work at cross purposes with the nascent but arguably more effective IBC
Muralidharan • 7 years agoHow 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.
PM Narendra Modi revisits economic reform agenda after landslide election win
• 8 years agoArmed 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.
FM Jaitley says trouble in large corporates the root cause for bad loan mess in banks
Ians • 8 years agoJaitley said that the core problem of NPAs was with "very large corporates", predominantly in the steel, power, infrastructure and textile sectors
Idea of bank to tackle bad loans gaining traction: CEA Arvind Subramanian
• 8 years agoVarious proposals are being brought to forefront, Arvind Subramanian said, adding, "there is a need to get that (bad bank) thing quickly".
Banks taking majority stake in stressed-debt funds unwarranted, says RBI's Rajan
• 9 years agoThe Indian government is looking for ways to reduce banks' distressed debt pile of $120 billion, or 11.5 percent of all loans