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Scheme for Sustainable Structuring of Stressed Assets

RBI/2015-16/422 DBR.No.BP.BC.103/21.04.132/2015-16 June 13, 2016 All Scheduled Commercial Banks (Excluding RRBs), All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Non-Banking Financial Companies Securitisation Companies/ Reconstruction Companies Scheme for Sustainable Structuring of Stressed Assets In order to strengthen the lenders’ ability to deal with stressed assets, Reserve Bank Read more…

By BankersClub, ago
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PSBs to reduce stake in ARCs

With the rise in Non Performing Assets of Public sector banks, Asset Reconstruction Companies (ARCs) have gained importance now a days. Various Public Sector banks are having stakes in ARC for example the largest ARC, Asset Reconstruction Company (India) Limited is sponsored by State Bank of India and includes stake Read more…

By BankersClub, ago