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......
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, 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......
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.......
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......