BAR Vs VID | Match 40 Oct 15, 2019
VID 68/1 (19.1)
Latest News on Npa Resolution
Showing of 0 - 10 from 19 results
Npa Resolution - Total results - 19
Aug 12, 2019
DHFL seeks Rs 15,000-cr lifeline from banks for on-lending to retail customers, project customersDHFL has seen a rash of rating downgrades in June after it defaulted on Rs 1,150 crore to its bond-holders due on 4 June.
Jul 12, 2019
DHFL lenders meet bondholders, others on inter-creditor pact; agree to present resolution plan within 7 daysDHFL owes nearly Rs 90,000 crore to banks and other financial institutions, according to its FY18 annual report
Jul 11, 2019
DHFL crisis: Lenders meeting today to cobble up a resolution plan, still in process of signing inter-creditor agreementThe lenders, which had last met on 1 July, are still in the process of signing an inter-creditor agreement for the company
Apr 03, 2019
SC scraps 12 February NPA circular: Govt retains power to direct RBI for referring defaulters to NCLTThe Supreme Court's order quashing the RBI's 12 February circular will give the government discretionary power to issue a direction to the apex bank for referring a defaulting company to the NCLT on case by case basis in public interest, official sources said
Apr 03, 2019
Supreme Court scraps NPA circular: Govt, RBI will have to bring new rules, says NITI Aayog CEO Amitabh KantThe government and the Reserve Bank will have to bring in a new set of regulations to ensure that borrowers repay their debt on time following the Supreme Court striking down an earlier rule of the monetary authority, NITI Aayog chief executive Amitabh Kant said on Wednesday
Apr 02, 2019
SC scraps 12 February RBI circular: Legal fraternity divided over apex court order on NPA diktatLegal experts have given mixed views on the Supreme Court judgement quashing the Reserve Bank's circular on bad loan recognition saying while the ruling is a "great" setback for banks, it also offers relief to the troubled companies
Aug 24, 2018
SBI managing director Arijit Basu says resolution soon on stressed power assets worth Rs 17,000 crThere are about 34 stressed power projects and the combined value of their outstanding loans is about Rs 1.74 lakh crore.
Aug 21, 2018
NPA resolution: Sunil Mehta-led panel to issue operational guidelines for inter-creditor agreementThe inter-creditor agreement (ICA), under the Project Sashakt, seeks to resolve loans under Rs 50 crore or more which are under consortium lending but under Rs 500 crore
Aug 10, 2018
NCLAT upholds Bhushan Steel sale to Tata Steel, rejects issues over its ineligiblityAn NCLAT bench headed by Chairman Justice S J Mukhopadhaya rejected the claims of its promoters Neeraj Singal that Tata Steel was ineligible to bid for Bhushan Steel under section 29 A of the Insolvency & Bankruptcy Code (IBC).
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.