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Reconstruction Of Financial Assets

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Omar meets PM, seeks special rehab package for flood-hit

Jammu and Kashmir Chief Minister Omar Abdullah on Tuesday called on Prime Minister Narendra Modi and sought a special rehabilitation package from the Centre for the flood-ravaged state. Pitching......

The morning-after principle

Humanitarian intervention has little meaning unless the international community is willing to engage in the aftermath, says Shyam Saran. When the Cold War ended in 1990, the West declared victory......

India at UNHCR: Neither pragmatic nor principled

India’s highly problematic move in backing an anti-Lankan resolution at the UNHCR will now make India even more marginal in the island nation with some grave long-term damage to its vital......

India-US ties indispensable for global peace

Following is the Text of the Joint Statement between Prime Minister Manmohan Singh and US President Barack Obama issued after their summit on Thursday: Indiaandthe United States:......

President's address to the Parliament

Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

PSU banks put Rs 14,000-cr bad loans on the block

Sale of stressed assets is gaining momentum this financial year after easing of certain rules by the central bank. Public-sector banks have put Rs 14,000-crore (Rs 140-billion) worth of......

Bankers pitch for a National Asset Management Co

Concerned over rising bad loans, heads of banks and financial institutions on Tuesday suggested creation of National Asset Management Company which could act as a nodal agency to deal with the......

Finmin to form company to take over bad loans

The Finance Ministry is considering a proposal to set up a National Asset Management Company that may act as a nodal agency for taking over bad loans of banks and help revive sick units. There......

What is the Sarfaesi Act?

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, allows banks and financial institutions to auction properties (residential and commercial)......

Bengal wants to sell bad assets to Arcil

In what will be the first deal of its kind, West Bengal Industrial Development Corporation is in talks with asset reconstruction company Arcil to sell a part of its distressed assets.So far, Arcil......
  Web results for Reconstruction Of Financial Assets
India pitches rating upgrade to S&P on strong macros

Backed by strong macro fundamentals, the Finance Ministry on Monday pitched for a rating upgrade with global agency Standard & Poor's (S&P).... ...

http://www.thehindubusinessline.com/economy/india-pitches-rating-upgrade-to-sp-on-strong-macros/article7600466.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
SBI says bankruptcy code can't solve all problems for banks

"If we had such an ecosystem, earlier attempts to tackle the menace of bad loans like debt recovery tribunals (DRTs) would have been successful,"... ...

http://www.moneycontrol.com/news/business/sbi-says-bankruptcy-code-cant-solve-all-problems-for-banks_2839001.html
UBI aims to bring gross NPA below Rs 6,000 cr level

State-run United Bank of India is making efforts to cut down gross non-performing assets below the Rs 6,000 crore level by the end of this... ...

http://www.mydigitalfc.com/banking/ubi-aims-bring-gross-npa-below-rs-6000-cr-level-029
Why debt recovery tribunals are in no shape to perform

MV Kini In 1992, after the Harshad Mehta securities scandal — in which the broker used bank funds to rig up stocks — almost all banks faced a... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/49687939/sc/24/l/0Leconomictimes0Bindiatimes0N0Cindustry0Cbanking0Cfinance0Chuge0Ebuild0Eup0Eof0Enpas0Ewhy0Edebt0Erecovery0Etribunals0Eare0Ein0Eno0Eshape0Eto0Eperform0Carticleshow0C487249340Bcms/story01.htm
How corrupt banking system creates mountain of bad loans

In the morning of May 19, 2014, three days after the Lok Sabha poll results were announced, and with a government not quite in place, chaos reigned... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/49683edd/sc/7/l/0Leconomictimes0Bindiatimes0N0Cindustry0Cbanking0Cfinance0Chow0Ecorrupt0Ebanking0Esystem0Ecreates0Ea0Emountain0Eof0Ebad0Eloans0Emakes0Erecovery0Eprocess0Ecomplicated0Carticleshow0C487246510Bcms/story01.htm

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