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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
What homebuyers MUST know

Tinesh Bhasin explores the limitations of rights granted to homebuyers under the Insolvency and Bankruptcy Code. The recent changes to the... ...

http://www.rediff.com/money/report/what-homebuyers-must-know/20180621.htm
Goyal to meet heads of 6 govt banks on Tuesday

The meeting is expected to chart a road map for cleaning up their balance sheets and boost credit flows, reports Somesh Jha. Union Finance... ...

http://www.rediff.com/money/report/goyal-to-meet-heads-of-6-govt-banks-on-tuesday/20180616.htm
Weird case of a real estate company and IBC's debt recovery data

Of the Rs 4,405 crore unpaid debt of 12 companies, more than half was locked in just one Mumbai-based real estate company, Kohinoor CTNL... ...

http://www.rediff.com/money/report/weird-case-of-a-real-estate-company-and-ibcs-debt-recovery-data/20180614.htm
Bankruptcy code brings good news for SBI

So far, among the IBC cases, SBI has been able to recover Rs 8,500 crore from Tata Steel’s acquisition of Bhushan Steel. Another Rs 1,500... ...

http://www.rediff.com/money/report/bankruptcy-code-brings-good-news-for-sbi/20180611.htm
PSU banks post net loss over six times of Nirav Modi scam in FY18; Nifty PSU Bank index slips 12 percent in one year

Losses posted by Public sector banks have ballooned to Rs 87300 crores in FY18 (2017-18). This amount is over six times the loss accumulated by... ...

http://www.sify.com/finance/psu-banks-post-net-loss-over-six-times-of-nirav-modi-scam-in-fy18-nifty-psu-bank-index-slips-12-percent-in-one-year-news-sensex-sgloaocfgbhde.html

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