Ordinance on NPAs – The Fight Continues…
The promulgation of the Ordinance yesterday for resolution of Non Performing Assets (NPAs) is another measure to tackle the crisis gripping the banking sector. Yet, the ordinance could be another dead ball…
Resolving NPAs – Understanding Asset Rehabilitation Agency..
NPAs of the banking sector, especially the public sector continue to remain high, estimated at about 12% for PSBs. While various measures have been taken to resolve the issue, none…
The Legacy of Raghuram Rajan..
Dr Raghuram Rajan, who demitted office on Saturday leaves behind a rich legacy apart from the huge popularity he enjoyed. Even though he may be remembered as an inflation fighter – something…
Asset Reconstruction Company – From Slag to Cement..!
Recent announcement by SBI and ICICI bank to form Asset Reconstruction Company (ARC) in collaboration with global players is an important step ahead for Indian Financial market. The ARC business, which…
Restructuring SDR…!
RBI has come out with yet another set of guidelines to fight stressed Assets, the third in last about two and half years. While the guidelines reflect RBI’s intense deliberation…