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Arc Amc

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Budget 2021: Bad bank will be a win-win for lenders

All banks are eligible for privatisation. A committee of secretaries will decide which banks will be privatised, says Financial Services Secretary Debasish Panda. Illustration: Dominic......

Questions to ask about the Bad Bank

Why do we need a bad bank, owned by the banks themselves when there are at least 28 ARCs around, asks Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com   The headache over recovery of......

Deutsche Bank plans to pick up stake in ARCs

Deutsche Bank, which specialises in asset reconstruction worldwide, is planning to pick up stakes in asset reconstruction companies -- Asset Reconstruction Company of India Ltd and ASREC India......

SC order on NPA resolution: 'It is Balakot on RBI'

The order, a "negative" overall, will be a short term positive for corporate focused state-run and private lenders because of the possibility of delaying incremental stressed asset recognition.......

'Bad banks' make a comeback

The ‘bad bank’ -- which will help banks clear their balance sheets by transferring the NPAs to special purpose vehicles -- has been one of the most debated ideas for stressed......

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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