Page 3 - Stressed Assets

Das meets heads of PSBs, discusses transmission of rates, stressed assets

The meeting focused on credit flow to the 'productive sectors' which include micro, small and medium enterprises and non-banking financial companies

Stressed asset buyers get protection after Cabinet clears IBC amendment

Cabinet clears Code amendments to shield new owners from criminal liabilities

Raghuram Rajan urges scrutiny of NBFCs lending to stressed realty sector

The Reserve Bank of India should carry out an asset quality review of the non-bank finance companies, Rajan said.

Investors have infused $1 bn in stressed real estate assets: JLL India CEO

It is the housing segment that presents "the maximum amount of stressed assets", Nair said

RBI turns down banks' plea to relax June 7 circular on stressed assets

Loans of over Rs 1.8 trillion, for which agreement has been signed by banks, are likely to be referred to IBC

RBI governor for tighter controls at PSBs, proactive independent directors

Blames lack of it for elevated levels of NPAs, capital shortfalls, fraud

Insolvency regime for personal guarantors to corporate debtors from Dec 1

A case is taken up for resolution under the law only after approval from the National Company Law Tribunal (NCLT)

ARCs getting aggressive in asset purchase: Explained in three charts

Most of the assets picked up by ARCs are corporate loans

RBI asks banks to resolve stressed assets on time to extract best value

RBI issued the new NPA recognition and resolution guidelines on June 7 after the Supreme Court had in April declared the earlier one issued on February 12, 2018 as ultra vires

BS Fund Cafe: Credit events may not halt MF industry's growth, say experts

Seven top executives discuss the road ahead for the fund industry, how they plan to restore investor confidence and woo millennials

Stressed assets funds may return to India after relaxed ECB norms

Companies seek returns of over 20 per cent but RBI has put restrictions on yields and tenure

RBI's June 7 circular on stressed assets may keep banks' provisions high

Recognition of stress in itself may result in higher provisioning

How will RBI walk the tightrope on legal issues concerning stressed assets?

While coming up with a revised framework for resolution of stressed assets, the regulator should be careful of the potential for other legal challenges, say experts

No dilution of February 12 circular over stressed assets: RBI

Reserve Bank of India (RBI) Governor Shaktikanta Das last month had said there would be no changes in the circular

SBI, Oriental Bank put stressed assets on sale to recover Rs 5,740 in dues

The bulk of accounts up for sale by SBI are of small and medium enterprises that have dues amounting to Rs 4,667 crore

'Sashakt' plan for resolution of stressed assets active for pre-IBC process

In October, the IBA had circulated the final operating guidelines for the bank-led resolution process and had received approval from several lenders

Insolvency law helped address Rs 3-trn stressed assets in 2 years: Govt

Over 3,500 cases have been resolved at a pre-admission stage and resulted in claims worth Rs 1.2 trillion getting settled

Sunil Mehta panel forms 'Sashakt India AMC' for resolving large NPAs

Mehta said the committee is now in talks with potential sponsors for the AIF

Global cues and delay in IBC may hit valuation of stressed steel assets

In terms of bids, for Essar Steel, ArcelorMittal has offered Rs 420 bn on dues of Rs 490 bn. For Bhushan Power & Steel, JSW Steel has offered Rs 193.50 bn on dues of Rs 470 bn

Progress on stressed assets to improve Power Finance Corporation margins

Near-term pressures to remain given higher focus on low-margin segments of refinancing, renewables