Latest News on Sarfaesi
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Sarfaesi - Total results - 5
Feb 19, 2019
NPA issue: Will RBI's 12 February circular help expedite bad loan recovery? Signs indicate it is on right pathThis smorgasbord of schemes didn’t even dent the NPA problem. The mountain just kept piling up until it reached 11 percent of total bank assets.
Oct 02, 2018
Arun Jaitley defends loan write-offs; says they don't lead to waivers, recovery still pursuedJaitley, however, defended loan write-offs, saying these were done for “tax benefit and capital optimisation”.
Aug 27, 2018
NPA crisis: RBI sticking to its deadline is fine; it means the days of compromise are over but courts still have final wordThe fact remains that the NPA issue has ballooned over the years and even today one is not sure if all of them have been recognized and provided for.
Apr 22, 2015
Cutting up a debtor's body to SARFAESI: Small borrowers have always got a bad dealsmall borrower has always had a tougher time in comparison to the large borrower. And this should not be the case.
Aug 21, 2014
Govt to amend SARFAESI & DRT Acts to help banks recover bad loansAs the banking system faces witnesses rising bad loans, the Finance Ministry today said it is planning to amend the relevant laws to help banks recover money in case a promoter becomes wilful defaulter.