Latest News on Project Sashakt
Showing of 0 - 10 from 6 results
Project Sashakt - Total results - 6
Mar 14, 2019
Decision to provide emergency funds to crisis-hit Jet Airways will be taken on collective basis: PNBJet Airways has a debt of over Rs 8,000 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
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
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 12, 2018
India's NPA crisis: Arvind Subramanian is Raghuram Rajan in slow motion; offers diagnosis but no cureArvind Subramanian speaks now of 'stigmatized capitalism' that stops the govt from reformist solutions to the NPA problem. In plain English, he means that no one is showing the courage to act fast and tough.
Jul 06, 2018
Project Sashakt: Banks finalise inter-creditor agreement to fast track non-performing asset resolutionThe agreement, a part of Project Sashakt, will be taken to boards of respective banks and would be cleared in a couple of days, said PNB non-executive chairman Sunil Mehta
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.