NPA ordinance: Letting RBI fight NPA battle is no solution; privatise weak PSBs before time runs out
Dinesh Unnikrishnan123 • 8 years agoIf 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.
Bank NPA resolution is shrouded in fears of various kinds; it's time for RBI to act
Latha Venkatesh • 8 years agoNow that the bullet has been bitten, the RBI needs to speed up the process of setting up the committees and identifying the first list of assets
NPA ordinance: Govt will have to answer unpleasant questions about conflict of interest
Dinesh Unnikrishnan123 • 8 years agoThe new law could give rise to larger problems of micromanagement and thereby conflict of interest in the banking sector for both the government and the RBI; it is not good for the sector in the long term
NPA ordinance gets president's approval; RBI gets more powers to tackle bank bad loans
Fp Staff • 8 years agoThe amended law will also empower the RBI to set up oversight panels that will shield bankers from later action by probe agencies looking into loan recasts