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Reconstruction Of Financial Assets

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India's boycott of OBOR an unusual display of spine

The decision to not attend the forum attended by 28 heads of state and 130 national delegations is a clear break from India's usual policy of going along with the crowd, observes Ajai Shukla.......

How Sasikala took control of Jaya TV from jail

Did Jayalalithaa, who was also in jail then, know about these transactions?N Sundaresha Subramanian reports. Sasikala, a confidante of former Tamil Nadu chief minister J Jayalalithaa, had bought a......

The world in the era of Donald Trump

The US foreign and security policy establishment, says Ambassador M K Bhadrakumar, apprehends that Trump may compel them to exorcise the 'unipolar predicament', and bring foreign and security......

BRICS 2016: Goa declaration focuses on tackling terrorism

However, a 'consensus could not be reached' on naming Pak-based terror groups in the declaration. IMAGE: From left, Brazilian President Michel Temer, Russian President Vladimir Putin, Prime......

India, Qatar ink 7 agreements to boost cooperation

  India and Qatar on Sunday agreed to share intelligence to combat hawala transactions and terror financing as the two countries signed seven agreements and decided to move beyond the trading......

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
Jaitley

Mumbai : Previous laws were only partly effective in resolving the problems of insolvency and bankruptcy in the corporate world and one would have... ...

http://www.sify.com/finance/wait-to-judge-effectiveness-of-mechanism-on-bad-debts-jaitley-news-finance-ritttWagcbjjj.html
Arun Jaitley

Union Finance Minister Arun Jaitley on Saturday assured balance-sheet stressed firms that the government is looking to help them. He said in Mumbai... ...

http://www.dnaindia.com/business/report-npa-resolution-not-to-liquidate-companies-but-to-help-save-them-arun-jaitley-2535152
Study

New Delhi: Banks may require an incremental provisioning of 20 per cent against cumulative debt totalling over Rs 4.3 lakh crore of the 50 large... ...

http://www.sify.com/finance/banks-may-need-20-extra-provisioning-for-50-top-bad-debts-study-news-debt-ridnXVcgjidje.html
The bungling and farce continues

Bad loans continue to originate mainly from state-owned banks, where the top management’s responsibility is not linked to career prospects... ...

http://www.rediff.com/money/column/column-bad-loans-the-bungling-and-farce-continues/20170717.htm
Assocham

New Delhi: Industry body Assocham on Sunday said the Banking Regulation (Amendment) Ordinance has empowered the Reserve Bank of India (RBI) to take... ...

http://www.sify.com/finance/rbi-might-take-up-npas-worth-rs-8-lakh-crore-for-resolution-by-2019-assocham-news-policy-rhquEajjbbaah.html

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